Five years ago, the question of wealth inequality was already a dominant issue in the news. The COVID-19 pandemic may have eclipsed it temporarily but it also exaggerated its effects. Wealth inequality will continue to maintain its place in public debate for the simple reason that inequality...
Elon Musk has of course been getting richer by the hour. His net worth was quoted this past week at a figure north of $300 billion. Not bad for someone who had to eke out an existence less than two years ago on a net worth estimated at a mere $20 billion. Yes, he’s brazenly touted some things...
Some followers of technology news may remember the year 2018 when the media occasionally featured embarrassing headlines about Elon Musk, a small-time billionaire at that point of his history, weighing in at around a paltry $20 billion. Musk managed to get himself into trouble on more than one...
Having done the accounting on the wealth of the 12 richest Americans, MarketWatch’s editor, Shawn Langlois, points to what he sees as “a disturbing milestone.” Led by Bill Gates, Elon Musk and Jeff Bezos, the economic and political clout of what Chuck Collins of the Institute for Policy...
Maria Silvia Trigo and Anatoly Kurmanaev have penned an article for The New York Times that describes the dramatic protests in Bolivia against the interim government. As so often in NYT articles, the content reveals more about the newspaper itself than about the topic it analyzes. Treating the...
No one doubts that Elon Musk is rich, which, according to a fundamental axiom of US culture, suggests that he is smart. Everyone knows the proverbial wisdom often directed at a category of humanity called losers: “If you’re so smart, why aren’t you rich?” Musk himself has...
Elon Musk keeps getting richer by the day, a fact that clearly entitles him, when tweeting, to choose any target to provoke and to be as outrageous in his expression as his fancy dictates. One of Musk’s latest tweets has provoked Seth Cohen to pen an article in Forbes focused on what he calls an...
Multibillionaire and hyperreal hero Elon Musk shocked the world last week when he dramatically tweeted that he is “selling almost all physical possessions. Will own no house.” One of his fans tweeted back with this question: “Are you doing it because you need the cash or is this to protest...
Who isn’t interested in any random pronouncement that Elon Musk makes? After all, he’s smart and he’s rich and getting richer every day. He also acts like a media celebrity, saying provocative things in public, which most smart or rich people — who don’t seek to be known as brands —...
A year ago, there was only one person in the world whose fortune clocked in at over $100 billion. At the time when Jeff Bezos reached that plateau, most people felt that because it was so exceptional, the English language didn’t need a specific word to describe that category of person. Now,...
