Novara FM: What Will ‘Technoking’ Elon Musk Do in the White House? w/ Quinn Slobodian
Jan 23, 2025
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Quinn Slobodian, a Professor of international history at Boston University and author on neoliberalism, joins to dissect Elon Musk's transition from a liberal icon to a controversial right-wing figure. They explore Musk's peculiar ideology, contrasting libertarian views with the rise of 'techno-monarchism.' Slobodian also critiques the intertwining of corporate governance and political power, examining how Musk's influence shapes modern capitalism and societal disparities. The conversation navigates the complex implications of Musk's visions for the future, including his ambitious plans for Mars.
Elon Musk's rise demonstrates the fusion of technology and capitalism, allowing individuals unprecedented power in society today.
Musk's unique branding and media strategy position him as a 'tech messiah,' amplifying his influence and financial success.
The evolving relationship between private capital and state authority showcases how entrepreneurs leverage government support for economic gain.
Deep dives
Elon Musk's Rise to Power
Elon Musk's ascent in the tech industry has been marked by a series of ambitious ventures, starting with his founding role at PayPal, which gained prominence in the early 2000s. Musk then went on to create transformative companies like SpaceX and Tesla, cementing his reputation as a tech mogul and cultural icon. His unusual branding tactics and media presence have contributed to his image as a 'tech messiah' and have significantly boosted his public and financial profile, allowing him to amass a fortune that exceeds half a trillion dollars. This trajectory exemplifies the convergence of modern capitalism and technology, illustrating how individuals can accumulate immense power in contemporary society.
The Ideological Landscape of Silicon Valley
The discussion around Musk's ideology suggests that he does not fit neatly into established categories like libertarianism or neoliberalism, despite his connections to figures such as Peter Thiel. Instead, he appears to embody a form of capitalism that favors a collaborative relationship with the state, reminiscent of the developmentalist models seen in South Korea or Taiwan. This partnership implies a system where government actively facilitates the interests of powerful capitalists, which can blur the lines between private enterprise and governmental influence. Musk's self-identification as a 'techno king' underscores his belief in the potential for technology and entrepreneurship to reshape society, a perspective that is both ambitious and controversial.
The Role of the State in Capitalism
The interaction of private capital with state authority is increasingly complex, as exemplified by Musk's strategic positioning in relation to government contracts and regulations. Entrepreneurs like Musk rely on government support for lucrative contracts, while simultaneously advocating for a regulatory environment that favors their business interests. This dynamic raises questions about the role of the state in shaping market conditions, particularly as wealth increasingly concentrates in the hands of a few. Many in Silicon Valley now see the state not just as a facilitator of interests but as an enabler of their economic ambitions on a global scale.
The Evolving Nature of American Capitalism
The U.S. capitalist landscape has witnessed a transformation, with a growing preference among entrepreneurs for an authoritarian model that prioritizes economic growth over democratic norms. The shift towards more extreme forms of governance is exemplified by figures like Musk, who may support policies that allow for increased wealth accumulation while simultaneously undermining traditional democratic processes. This trend benefits those in positions of power who seek to shape policies for their financial gain, often at the expense of broader societal welfare. The allure of models such as the Singaporean economic system reflects a desire for highly controlled yet efficient governance that resonates with tech-forward billionaires.
Musk's Vision Amidst Political Turbulence
Musk’s long-term aspirations are not confined to Earth; his ambitions include colonizing Mars, which aligns with his narrative of being a visionary and a savior of humanity. This grand vision serves to legitimize his business practices, as he claims to act not just in self-interest but for the greater good of mankind. As he navigates a chaotic political landscape, Musk remains a crucial figure for Trump and the administration, leveraging his influence for economic opportunities. However, the unpredictability of Trump's administration, combined with Musk's erratic behavior, raises questions about the sustainability of their partnerships and the potential volatility within American capitalism.
Elon Musk is the most symptomatic capitalist of our era: obsessed with publicity, by many accounts a fanatical workaholic, and increasingly in bed with the far right.
But how did he go from Obama-era liberal darling to giving a Nazi salute at Trump’s second inauguration?
Historian of ideas Quinn Slobodian has traced the relationship between big tech and the far right for years. His books include Globalists: The End of Empire and the Birth of Neoliberalism and Crack-Up Capitalism: Market Radicals and the Dream of a World Without Democracy.
He speaks to Eleanor Penny about the world that made Elon Musk possible.