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hotelmaz | 3 years ago

Musk isn't PMC, he's an owner of multiple companies. That puts him squarely in the capitalist class.

discuss

Anyone can start a corporation and own multiple of them. I do, and they cost me between $40-100 each. To my surprise when I mailed my documents to the Secretary of State they didn’t check my “Capitalist Class” ID card.

Apocryphon|3 years ago

He owns 9% of Twitter, according to the article. Is that sufficient, or does it still fall prey to the "split between ownership and control" that managerial capitalism has, as this article puts it? How much less ownership did Parag Agrawal have? How much did Jack Dorsey have- he didn't leave until a year ago! If the fault of Twitter is a PMC-driven culture, why wasn't having Dorsey, a founder-capitalist himself and also the owner of multiple companies, enough to staunch it?

331c8c71|3 years ago

He owned 9% of Twitter in April - that's what represented in the chart - the dates are clearly stated there.