Posted on 12/11/2021 7:51:34 AM PST by Enlightened1
Elon Musk argued in recent remarks that “government is simply the biggest corporation, with the monopoly on violence.”
Musk — who serves as chief executive of both Tesla and SpaceX — made the remarks during The Wall Street Journal’s CEO Council Summit, where he also slammed President Biden’s domestic agenda.
“It does not make sense to take the job of capital allocation away from people who have demonstrated great skill in capital allocation, and give it to an entity that has demonstrated very poor skill in capital allocation, which is the government,” he commented.
“Government is simply the biggest corporation, with the monopoly on violence.”
Earlier in the summit, Musk explained that the Senate should not pass the Build Back Better Act. The $1.75 trillion legislation — which the House of Representatives has already passed — would expand various social programs, including universal preschool, childcare subsidies, and climate change initiatives.- READ MORE
Government is simply organized crime unless restrained within narrow well-defined boundaries.
(mic drop)
A better analogy would be to say the federal government is like the largest corporation, but instead of having to earn money, they can just print as much as they need.
“Violence” is just his liberal side talking...
I am not the biggest Musk fan, but he is fighting against the subsidies for electrified vehicles from domestic union manufacturers over all domestic auto manufacturers (Tesla).
Musk has the ear of many millennials that support socialism and his words may dissuade them.
In short, out of control, democrat taliban patty run government is the enemy.
Musk is positioning for a 2024 presidential run. Count on it.
Combine his recent statements with the statement that he won’t always be the CEO of SpaceX and Tesla and you can see where he’s looking.
I suppose it’s because he really could help with Space and Energy if he had the bullypulpit.
BTW, Don’t get caught up with the Green agenda - He did not build a car that was a “golf cart” he build the worlds fastest production car, and it is 160k vs the 1.2 M of the nearest competitior...He did the same with rockets (look at the cost per launch of Falcon9 vs any other rocket, he reduced the cost per pound to orbit over 10 times).
What we need to know now is how he stands on social issues - for example abortion, the division of people by the canard of racism, transgender, etc. I think I know about abortion because he has spoken out against the “we have too many people on earth” lie.
“Government is the great fiction by which everybody endeavors to live at the expense of everybody else.” Fredrik Bastiat 1801-1850
It has only gotten worse in the past 170 years. I’ve seen it up close and it is a giant criminal racket.
The legal status of corporations (as “persons”) is perhaps a bad idea.
While the First Amendment stops the government from censoring us, I think I would like the Constitution to define the US government as a corporation, and to make a blanket statement that corporations cannot abridge our freedom of speech. Let Facebook and Twitter suck on that.
That notwithstanding in a world of Mark Zuckerbergs and Jeff Bezoses Musk is a breath of fresh air.
Isn’t the article incorrect? I thought build back better is the $4 trillion bill that hasn’t been passed yet.
This says it’s the $1.79 trillion passed by the House.
“It does not make sense to take the job of capital allocation away from people who have demonstrated great skill in capital allocation, and give it to an entity that has demonstrated very poor skill in capital allocation, which is the government,”
Like them or not, the tech giants do understand capital allocation. Steve Jobs developing the iPhone took really big $Bucks. He rolled the dice. He was right.
Well, he is definitely not a born American citizen.
Born in South Africa from South African father and Canadian Mother.
Economist described this as "opportunity cost" that occurs when capital is misallocated. Government officials, whether elected or appointed, are not in the business of allocating capital to increase return but to increase vote tallies or turf.
Beware the politician that wants to make "investments" and the regulator who wants to enforce "protection."
Unfortunately, the opportunity cost is not apparent to voters or even to consumers. The cost is concealed from view. Especially is that true in a situation in which the government costs the economy opportunity while the government has perceived infinite capacity to borrow. The cost remains but the impact is postponed.
We are rapidly coming to a point at which the government's infinite capacity to borrow will be severely constricted because the perception is rapidly vanishing. Then the opportunity costs will present their bill and the pain will be severe.
“Musk is positioning for a 2024 presidential run. Count on it.”
I doubt that. He’s a bipolar workaholic whose had extramarital thressomes with Amber Heard and Carla Delevingne.
“monopoly on violence”?
Maybe a bit of that of violence, but the biggest Fedzilla monopoly is the theft of wealth from every man, woman and child in the country to line politicians’ pockets and their donors’ pockets.
He was born in South Africa. So that’s not going to happen.
Although he is richest American. An African American.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.