Fittingly showing the acceleration of the US into a 100 percent root hog or die/feudal economy, Tesla has surpassed GM as the country’s most valuable car company. Tesla, as it should, makes cars only economic royalty can afford. And electric cars for the specials among us way outweigh the sheer numbers produced by GM. Why, Pasadena itself is known to have one, two, or maybe even three Tesla drivers!
“Ford has been operating for more than 100 years, and in the first quarter of 2017, it sold hundreds of thousands more vehicles than Tesla, an electric car upstart, did in all of 2016,” reads the NY Times.
Unlike Tesla, Ford is “seen to be lagging in cutting edge technology and autonomy.”
In the root hog or die economy it is senseless to make products for the middle or lower class since that is where the money is not. This is Elon Musk’s crowning innovation.
The triump of Tesla is another big billboard to note along the interstate highway of the Culture of Lickspittle.
Tesla is also a perfect example of a tech company benefitting immensely from an economy based purely on rent-seeking.
Monopoly rents are cash money made through just being, sole position, gatekeeping, inheritance, outright theft, mass group bootlicking or rewriting of law (or the undoing of it) so that value that is totally detached from a social contribution can be collected. In the case of Tesla, it’s the pushing of its stock price, not earned by anything physical, but juiced by the ebullience of America’s specials and their Shoeshine workers.
Shoeshine: The Shoeshine were those colleged educated workers, living in the cities, still deemed necessary to do the gut administrative work for America’s plutocrats. In other words, the over-educated high button services help.