Paul Krugman
A few stories about centibillionaires — men whose net worth exceeds $100 billion — and their role in our society:
· In 2022 Elon Musk, the richest man in the world, purchased Twitter. Since then he has turned the platform into a racist cesspool, overrun by literal Nazis.
· Last year Skydance Media, run by David Ellison — the son of Larry Ellison, the world’s 6th richest man — acquired Paramount, which includes CBS. The new management put Bari Weiss, a conservative pundit with no relevant experience, in charge of CBS News. The network that once featured Edward R. Murrow has been going downhill ever since. On Tuesday night CBS management, responding to an obviously partisan demand from the Trump-appointed head of the FCC, prevented Stephen Colbert from running an interview with Democratic Senate candidate James Talarico.
Πηγή: paulkrugman.substack.com