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Well, it seems to me that the “tech bros” are merely the tip of the iceberg—apparently, billionaires around the world have become so powerful that in many countries, first and foremost the U.S., but also in places like Russia, a kind of new monarchy has emerged, in which this tiny, extremely privileged group once again represents something akin to the untouchable nobility of an absolutist monarchy: their power, too, is in a sense purely hereditary, since it is passed down in the form of their capital without suffering any significant reduction.
In short: I would say this is the result—and, in and of itself, precisely the goal—of the inhuman, ruthless “turbo-capitalism” that was largely established worldwide by the U.S. I think billionaires worldwide have a stake in this and are working in their respective countries to cement their power. Of course, this is particularly incompatible with democracy, which is why, for example, it looks as though the U.S. democracy is set to be replaced in the foreseeable future by a ruthless autocracy similar to that in Russia.
Similar, extremely alarming developments are also taking place in other countries. The “tech bros” are certainly playing a central role in this, as their media power is undoubtedly being deployed on a massive scale to achieve the billionaires’ goals.
In Germany, for example, the far-right AfD—which is essentially a carbon copy of MAGA—is benefiting massively from the reach on Twitter that Elon Musk is providing them.
I don’t think that’s a coincidence.
So yes, I am convinced that the resurgence of fascism around the world in many countries at the same time has a common root: namely, the billionaires who profit from it.
a kind of new monarchy has emerged, in which this tiny, extremely privileged group once again represents something akin to the untouchable nobility of an absolutist monarchy
That’d be oligarchy
Yes, but what I wanted to emphasize is that oligarchy represents a step backward for civilization, a throwback to the dark ages of human history: it is a return to a form of government in which a small elite holds all the power, much like the nobility once dominated political life and hindered human progress for centuries.
For this reason, I thought it more appropriate to speak of a new monarchy—which, in essence, is also rule by the few, even if its most extreme form is the absolute rule of a single individual.
Yes
I wonder if nerd is the right word here, I’d use “techbro”.
The article gets into the origin of the term, which surprisingly isn’t just a funny turn of phrase the author of the book came up with to make fun of them:
Then a pretty well-known figure from the crypto world reached out to me over DM and said, “You know, we’ve been calling these guys the Nerd Reich for years.” And I was like, “What?” The URL was available, so I rebranded my newsletter as the Nerd Reich and announced it in dramatic fashion.
To me, the most important thing is that this is not a name I came up with. This is a name their own peers use. They are telling people what they are doing. They want people to know because they’re evangelizing to bring in more believers.
Yeah the origin of the term nerd reich, but not the origin of the term nerd.
Also, invented by the crypto bros so that must be legit right /s
It’s like “sleepy joe biden” or some other low mental effort IMO.
“Techbro” doesn’t rhyme with “third”, thus robbing it of its Nazi parallels.
Oh it rhymes. It doesn’t make sense (nerds are not nazis especially) but it rhymes…
Google Dark Enlightenment. They are not even hidding it.
