This. I went to a tech conference where Alexis Ohanian and Brent Herd were headliners. The whole conference was about how to get different rounds of funding. Basically... how to sell your tech company. These "founders" don't really own their companies very long, and have to sway with the investors to keep their position. Yes, Jack is to blame, but it would have happened without him.
The bourgeoisie is propertied, local, attenuated, and independent. The proletariat is propertyless, national or even international, expansive, and dependent. The bourgeoisie's power was fundamentally rooted in ownership and domination of physical space, while the proletariat is subject to whims and approval of the indivual or organizations that employ them.
The bourgeoisie no longer exists. Even physical real estate that is nominally owned requires yearly payments and government approval to develop, which is more akin to a lease. The modern managerial class, to which founders/CEOs belong, is a proletarianized elite. Larry Fink and his ilk are no less subject to this fact, as his power is derived from managerial control of assets that he fundamentally does not own; it is the collective property of the individual investors and organizations who have entrusted him with managing their capital, in other words the People.
We live in a world where the People own the means of production under a dictatorship of the proletariat.
This. I went to a tech conference where Alexis Ohanian and Brent Herd were headliners. The whole conference was about how to get different rounds of funding. Basically... how to sell your tech company. These "founders" don't really own their companies very long, and have to sway with the investors to keep their position. Yes, Jack is to blame, but it would have happened without him.
The bourgeoisie is propertied, local, attenuated, and independent. The proletariat is propertyless, national or even international, expansive, and dependent. The bourgeoisie's power was fundamentally rooted in ownership and domination of physical space, while the proletariat is subject to whims and approval of the indivual or organizations that employ them.
The bourgeoisie no longer exists. Even physical real estate that is nominally owned requires yearly payments and government approval to develop, which is more akin to a lease. The modern managerial class, to which founders/CEOs belong, is a proletarianized elite. Larry Fink and his ilk are no less subject to this fact, as his power is derived from managerial control of assets that he fundamentally does not own; it is the collective property of the individual investors and organizations who have entrusted him with managing their capital, in other words the People.
We live in a world where the People own the means of production under a dictatorship of the proletariat.