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Tim O'Reilly: Elon Musk is building a brand of capitalism Adam Smith would hate
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2 Articles
Tim O'Reilly: Elon Musk is building a brand of capitalism Adam Smith would hate
Elon Musk, born in Pretoria and long associated with his South African roots, has built an empire that inverts the very system meant to restrain it. In this essay for The Economist, Irish-born American author, publisher and entrepreneur Tim O'Reilly argues that Musk's SpaceX listing gave him roughly 85% of voting power while stripping investors of jury trials, class actions and board oversight. For South Africans who watched Musk's Starlink roll…
The SpaceX founder attracts billions of dollars from investors, but eliminates their control over its companies, becoming a "principle of technology".
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Total News Sources2
Leaning Left0Leaning Right1Center0Last UpdatedBias Distribution100% Right
Bias Distribution
- 100% of the sources lean Right
100% Right
R 100%
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