this post was submitted on 11 Oct 2023
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It's also a reflection of how much power money still holds even in the US's democratic system. The decision to not build high speed rail in California was heavily influenced by a single billionaire, it wasn't voted on.
America isn't a democracy. It's a democracy of the rich and always has been, the rest us were begrudgingly allowed a vote over centuries but our influence is still very limited
A plutocracy, you might say.
And yet the Titans of Industry tended to support Clinton over Trump: https://www.aljazeera.com/features/2016/10/25/donald-trump-a-billionaire-shunned-by-the-very-rich
In this case I would have preferred the outcome of the billionaire-backed candidate winning.