Rory hitting into the Windows XP default wallpaper
Looking around the coffee shop, seeing the gray, lifeless faces of everyone cursed with a work-issued Thinkpad
My new theory paper (early draft)
A new reason why concentrated wealth destroys democracy: common ownership
A standalone media owner maximizes profit. A common owner like Musk (who owns X + SpaceX) will run the media firm at a loss to increase the $ of his total portfolio
tinyurl.com/mcekr7cd
Each of these billionaires bought a media firm and 1) made it more rightwing, which 2) drove away audience and advertisers. They're not idiots. They're doing this because it ingratiates them to Trump and, as a consequence, gets their businesses favorable treatment & avoids regulatory punishment