@rbreich
And these same executives are bleeding companies dry with stock buybacks and exorbitant executive bonuses while cutting the throats of workers until the companies collapse and they move on to the next multimillion dollar paycheck to suck the next company dry.
So who are the corporations and billionaires funding the American far right?
A lot of the discourse around the US far right, on both the left and the right, has presented it as being essentially a working class movement.
White working class Southerners (perhaps with some manipulation from Russia) advocating for their prejudiced world view, the narrative goes.
But what if that's not the situation? What if the rise of the far right has been funded with millions of dollars from extremely wealthy individuals?
Where are the resources coming from?
You probably already know about Rupert Murdoch with Fox News and Elon at Twitter, but there's a few others...
"Two billionaire Texas brothers whose fortunes derive from oil and gas fracking have pumped millions of dollars into rightwing media outfits that have promoted climate-crisis denialism.
...
"Farris and Dan Wilks have each doled out millions of dollars through separate foundations over the last decade to a number of high-profile conservative and religious groups including the Heritage Foundation, Family Research Council and Focus on the Family.
"The Wilks brothers, for instance, have poured millions of dollars into PragerU and the Daily Wire
...
"In 2015, Farris Wilks gave $4.7m to help launch the Daily Wire and remains an owner of the media company, whose founding editor and co-owner Ben Shapiro has forged ties with Dennis Prager, the PragerU founder and talkshow host. Shapiro and Prager are slated to attend a PragerU “founders’ retreat” in September for donors who give at least $100,000 a year."
"[One America News] founder and chief executive Robert Herring Sr has testified that the inspiration to launch OAN in 2013 came from AT&T executives.
"AT&T has been a crucial source of funds flowing into OAN, providing tens of millions of dollars in revenue, court records show. Ninety percent of OAN’s revenue came from a contract with AT&T-owned television platforms ... according to 2020 sworn testimony by an OAN accountant."
"[Robert] Mercer is a Christian conservative, gun enthusiast, a climate change denier, religious, small-government proponent and a man who despises the political establishment as incompetent and corrupt. He has donated over $100 million (€84 million) to various right-wing candidates and think-tanks. Most of that money has gone through the Mercer Family Foundation, run by Robert Mercer's daughter Rebekah.
"The Mercers hold a major stake in a company called Cambridge Analytica, which uses digital data to tailor election propaganda to voters.
"The Mercers first met Andrew Breitbart, the founder of what is now Breitbart News Network in 2011 ... The Mercers also invested $10 million in Breitbart and gained a large stake in the nascent company."
@arstechnica
I hate that all of us (living in a modern society) are complicit. We buy products (plastics, fuel, electronics) that continue to degrade or destroy our environment and way of life. 😣 #HighwayToHell#Capitalism
Interesting reflection by two older musicians (Beato and Tim Pierce) about how the music industry used to have a "middle class" that's been pushed out now by an industry that focuses more and more on profits.
They don't really go into the details of how the changes happened, with big-corp #capitalism being the elephant in the room ... but their observations, which include tech, paint a pretty clear picture.