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Why Do Leftists Support Billionaire Oligarchs?
Understanding a strange and seemingly paradoxical relationship.
For a long time I have been puzzled about why the cultural and political Left has—in recent years—passionately embraced the Military-Industrial-Bio-Pharmaceutical Complex, and gleefully favored all of the centralized control measures imposed by the billionaire oligarchs who control the Complex and profit from it.
Before the pandemic, people who identified themselves as “Liberal” seemed to favor things like free speech and were suspicious of Big Pharma and military adventures abroad. With the arrival of COVID-19, most of this cohort seemed to do a perfect about-face. A strange and strangely consistent feature of their belief system is a twin embrace of COVID-19 vaccine orthodoxy and Ukrainian War orthodoxy. The same people who were terrified of COVID-19 and insisted that everyone be locked up and receive an experimental injection, were wildly in favor of war with nuclear-armed Russia over Ukraine—a country they knew nothing about.
Generally, I am reluctant to attribute mass belief and behavior to native intelligence or lack thereof, because humans are more often governed by emotions than rational thought. As Dietrich Bonhoeffer remarked in his essay On Stupidity, people with high native intelligence and education may, under certain social and political conditions, behave with astonishing stupidity.
And so it seems that something else has seized the minds of people who previously thought and behaved in a manner consistent with principles of Classical Liberalism. Especially bizarre has been the way in way in which young people who have fervently embraced Woke ideology seem to have also aligned themselves with the messaging and narratives propagated by the Davos crowd. How to explain this apparent solidarity between emotionally overheated kids who think of themselves as Social Justice Warriors, and guys like Bill Gates, George Soros, Larry Fink, and Klaus Schwab?
What do such youngster think about the wealth disparity between the overlords they endorse and ordinary Americans (including the majority of white Americans) who work for a living? Consider that a person who earns the U.S. median household income of $70,000 per year would have to work for 1.85 million years, without spending a dime or losing one to inflation, in order to reach Bill Gates’s fortune of $130 billion.
For the last three years I have been consistently puzzled by the paradoxically affectionate relationship between Woke youth and the Davos crowd. This morning I read an essay by Alt-Market columnist Brandon Smith that presents an interesting and entertaining theory.