Conserative Treehouse And The Finpolity
I've been using Ferdinand Lumdberg's model of the finpolity that he outlined in The Rich and the Super-Rich (1968) as vehicle to understand this year's political developments. It turns out that Sundance, the blogger at Conservative Treehouse, has a parallel explanation that doesn't reference Lundberg or finpols , but it assumes a very similar theory of the wealthiest actors working to advance interlocking interests. He outlines what he thinks is the current state of the game in this post : In late summer 2023 not only myself, but several insightful analysts in the world of high finance, had come to the conclusion that Musk’s financial effort with the purchase of Twitter was unsustainable, unless something changed. Something did change. In early August of 2023, understanding the dynamic at stake, and also having a strategy for his own interests, Oracle’s Larry Ellison said, ‘he would not let Elon Musk fail with Twitter’. Billionaire Larry Ellison, a Tesla Bo...