Tuesday, July 30, 2024

Ties to My Theory

LA Times owner's daughter shocks with pro Hamas statements. 

We have a real problem in America - the freako weird kids of billionaires. This is going to be a new and different problem for several reasons:

1) Old time rich families had lots of kids so power and money had to be distributed around. Nowadays the rich folks are having fewer kids, so it falls into fewer hands.

2) The money is A LOT more given the world is globalized. Rich folks serve 8 billion people nowadays, so the fortunes are quite a bit larger

3) Wokeism and NGOs gives these people a belief system and the means with which to feel relevant. Look, being the son or daughter of a billionaire is both great and shitty. Shitty in that...you can never really succeed. You can't - by traditional metrics - achieve more than your parents. So the area in which they can compete will be areas like arts (Ellison kids) or social justice (Abigail Disney, this LA Times girl).

A lot of money to slosh around in very sketchy world views is a dangerous mix. 

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