Elon Musk has given up his plan to purchase Twitter. ( https://www.cnbc.com/2022/07/08/elon-musk-notifies-twitter-he-is-terminating-deal.html)
His idea was to purchase Twitter and end the ban on Donald whatshisface using it as his sounding board, in the sacred name of “free speech”-for a Putin wannabe who sent a raving riotous mob to nullify the votes of the American people. Musk and Twitter will go back and forth about who is to blame for the failure of the deal, just two corporate giants at each other.
The current crop of tech moguls, like Musk, Mark Zuckerberg, and Jeff Bezos, cannot be credited for their companies’ successes; they have been due to the labor of educated technicians and engineers, all the way down to the workers in Amazon’s warehouses and trucks, and Tesla’s assembly lines. All these guys did was hire them, makes billions from their efforts, and fire them if they’re useless to them.
And with their profits, instead of reinvesting in their workers or upgrading their facilities, or donating to great charities (like the Robber Barons of the late 19th Century did with the money they wrung out of their workers), they carry out such vanity projects as their own private space programs-Musk with SpaceX, and Bezos with Blue Origin-and they purchase other firms, such as Bezos swallowing up Whole Foods, the Washington Post, and MGM Studios.
Let’s stop idolizing these corporate overlords; without their workers doing the mental and physical labor for their companies, the bosses would only be talking to themselves. The workers are the real heroes of the American economy.