PThis is essentially what transpired at Mar-a-Lago on election night, when it became evident that Trump had emerged victorious. The scene was chaotic. Mr. Trump is a man of expansion. He is encircled by the members of a formidable clan and another individual. In his victory speech, the president-elect commended his campaign team, his running mate, and his family, each receiving brief praises.
But “AN Other” was allocated a full four minutes. He is Elon Musk, the wealthiest person in history. President Trump has referred to him as a “super genius,” “a unique individual,” and a “star.” Musk jetted straight from Texas on the Gulf Stream to revel in the adulation of his new master. He also invested hundreds of millions of dollars and a month’s worth of time to be present. Now, his moment has arrived.
Let that sink in. More on this later.
Now, consider what Musk’s counterparts in Silicon Valley were contemplating as they sat, pondering and composing sly congratulatory notes to Donald. And trust me, their disdain was palpable. The atmosphere in the valley was rife with frustration. The tech titans had been strategizing for months on how to curry favor with Trump in case he emerged victorious. Then along came Musk, sidestepping them and making his way into the inner circle of the new administration. It must have been exasperating.
Reflecting on the recent events, it’s evident that the situation has worsened. Trump has appointed Musk and aspiring mogul Vivek Ramaswami to lead his “Government Efficiency Division” (dubbed “Doge” after Musk’s favored cryptocurrency, Dogecoin). The duo is tasked with a concerted effort to streamline regulations, bureaucracy, and spending across the federal government. “Together, these two outstanding Americans will lay the groundwork for my administration to dismantle government bureaucracy, cut back on excessive regulations, eliminate wasteful spending, and restructure our federal agencies,” proclaimed their new chief.
Perhaps he will benefit from Musk’s assertion that he could slash at least $2 trillion from the $6.8 trillion government budget and Ramaswamy’s pledge to abolish the FBI, the Department of Education, and the nuclear regulatory agency during his unsuccessful bid for the Republican nomination. It appears he was impressed by their proposals.
While this new entity is labeled a “department,” it does not function as a typical government agency. If it did, Mr. Musk would face a slew of conflicts of interest that could pose legal challenges if he starts curtailing regulators with whom he currently clashes. These include the Federal Aviation Administration, National Labor Relations Board, Securities and Exchange Commission, Federal Communications Commission, and Federal Trade Commission. Moreover, his various companies secured $3 billion in government contracts from 17 federal agencies last year. However, by operating “outside” the system, he would have more leeway to make cuts as he sees fit.
After newsletter promotion
In 2018, author Michael Lewis released The Fifth Risk, a notable book exploring the consequences of President Trump’s political appointments during his initial term, particularly related to three government agencies: the Department of Energy, the Department of Agriculture, and the Department of Commerce. According to Lewis, the book was born out of his curiosity about the lesser-known branches of government and their true nature, which he discovered mainly revolved around safeguarding people and societal safety.
If Mr. Musk’s track record is any indication, such safety concerns are unlikely to be assuaged. Following a court order in Delaware to proceed with the Twitter acquisition, he promptly laid off 6,500 employees, around 80% of his workforce by his own estimation. Among those terminated were individuals tasked with moderating content on the platform to maintain a certain level of “safety.” Their departure led to an open platform that attracted anti-wokeists, white supremacists, misogynists, conspiracy theorists, and other denizens of an alternative reality. Additionally, he tweaked the platform’s algorithms to prioritize his own posts for its 200 million users, effectively turning it into a broadcasting platform for airing political views and preferences.
By backing Trump, Musk appears to be employing an all-in strategy, reminiscent of his approach years ago when facing challenges in Tesla Model 3 production and claimed to have slept at the factory for weeks. He relocated to Pennsylvania for the final campaign month, actively engaging with supporters and enhancing the campaign’s visibility, particularly in rural areas.
In essence, he has positioned himself as indispensable to Trump, presenting a potential issue for his future. Narcissists are averse to being indebted to anyone, regardless of their assistance. Thomas Cromwell’s integral role in Henry VIII’s court in the 1530s, as depicted in Wolf Hall: Mirror and Light, illustrates that aligning with power may not always bode well. History may not replicate itself, but it might echo this time, as attributed to Mark Twain.
what i was reading
the narrow path from despair
Diane Coyle’s Beautiful and concise review of Sam Friedman’s book Enlightenment Economics Failed states: why nothing works and how to fix it.
Congratulations, boss
The Verge compilation All the disgustingly vile messages the tech giants sent to the incoming president.
Reason for continuing
Insightful discussion on 404 Media – Why the initiative remains crucial even under the Trump administration – Why honest journalism is needed now more than ever.
Source: www.theguardian.com
