Billionaire Math Doesn't Add Up the Way Yours Does
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Forget "girl math" and "boy math." America's running on billionaire math.
They own yachts that have yachts. They leave Earth just to feel something. They buy art they don’t like and tout books they don’t read and play God with things they don’t comprehend. Above all, they live by their own set of rules.
There is a crude but undeniable logic to the rise of the American Oligarchy. As @TimMurphy argued in a cover story for the magazine earlier this year, decades of deregulation, concentration, opportunism, and no small amount of generally-quite-legal corruption have allowed a small group of people (mostly in Silicon Valley) to control an ever-greater share of the economy and bend the political process toward their own ends. Money begets power begets money. It’s why, laid out on the page, the net worths of the world’s richest men currently look like they’re heading toward orbit.
Speaking of orbit, gravity doesn’t really exist in the same way when you’re an oligarch. If you built a car and it kept catching on fire, you would have to stop making cars. If your products drove people insane, they would be taken off the shelves. If you did a Hitler salute, people would probably just call it that. If you were responsible for hundreds of thousands of deaths, you would be ostracized from polite society, and maybe even CNBC. If you invented the Metaverse, people would stop asking you to invent more things. And if you didn’t pay taxes, dear reader, you might eventually go to prison.
It’s this alternative physics that gives the American oligarchy, at this particular moment, its uniquely off-putting funk—a sense that, beyond all the hockey-stick wealth charts, the centibillionaires of Silicon Valley can pursue whatever bored or perverted or maniacal project they want without fear of censure or even market correction. Time and money just don’t mean the same things they do to the rest of us. Laws become more like suggestions. Deadlines aren’t real. Or at least: They don’t have to be.
Welcome to Billionaire Math, a video where we make sense of the things that don’t make sense about the world’s ruling class.
Reporting by Tim Murphy
Video by Peter Berger
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Forget "girl math" and "boy math." America's running on billionaire math.
They own yachts that have yachts. They leave Earth just to feel something. They buy art they don’t like and tout books they don’t read and play God with things they don’t comprehend. Above all, they live by their own set of rules.
There is a crude but undeniable logic to the rise of the American Oligarchy. As @TimMurphy argued in a cover story for the magazine earlier this year, decades of deregulation, concentration, opportunism, and no small amount of generally-quite-legal corruption have allowed a small group of people (mostly in Silicon Valley) to control an ever-greater share of the economy and bend the political process toward their own ends. Money begets power begets money. It’s why, laid out on the page, the net worths of the world’s richest men currently look like they’re heading toward orbit.
Speaking of orbit, gravity doesn’t really exist in the same way when you’re an oligarch. If you built a car and it kept catching on fire, you would have to stop making cars. If your products drove people insane, they would be taken off the shelves. If you did a Hitler salute, people would probably just call it that. If you were responsible for hundreds of thousands of deaths, you would be ostracized from polite society, and maybe even CNBC. If you invented the Metaverse, people would stop asking you to invent more things. And if you didn’t pay taxes, dear reader, you might eventually go to prison.
It’s this alternative physics that gives the American oligarchy, at this particular moment, its uniquely off-putting funk—a sense that, beyond all the hockey-stick wealth charts, the centibillionaires of Silicon Valley can pursue whatever bored or perverted or maniacal project they want without fear of censure or even market correction. Time and money just don’t mean the same things they do to the rest of us. Laws become more like suggestions. Deadlines aren’t real. Or at least: They don’t have to be.
Welcome to Billionaire Math, a video where we make sense of the things that don’t make sense about the world’s ruling class.
Reporting by Tim Murphy
Video by Peter Berger
--
For more award-winning independent reporting, visit Mother Jones: https://www.motherjones.com/
Facebook: https://www.facebook.com/motherjones/
Twitter: https://twitter.com/motherjones
Instagram: https://www.instagram.com/motherjonesmag Close description