1min snip

The Socialist Program with Brian Becker cover image

Trump and the Billionaires

The Socialist Program with Brian Becker

NOTE

Old Guard vs. New Innovators: A Clash of Interests

There exists a clear divide between established industries seeking to protect their profitable status and emerging tech entrepreneurs advocating for governmental support to drive their growth. Traditional capitalists have fostered long-term, beneficial relationships with political leaders, securing regulations that favor their longstanding interests and create barriers for newcomers. In contrast, the new wave of innovators, represented by figures like Elon Musk and J.D. Vance, challenge the existing system and seek to dismantle protections that inhibit competition, aiming for a more open landscape that supports innovation and new entrants into the market.

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