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Elon Musk's influence on US politics exemplifies 'elite overproduction', where excessive wealth distorts democracy. Billionaires' donations and actions across the political spectrum threaten democratic processes.
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<html lang="en"><head> <!-- Hello there, HTML enthusiast! --> <!-- DCR commit hash 09081a2c73cadd3de143ebcdcf55552513d61ae7 --> <title>An excess of billionaires is destabilising politics โ just as academics predicted | Zoe Williams | The Guardian</title> <meta name="description" content="Politicians have always courted the wealthy, but Elon Musk and co represent a new kind of donor, and an unprecedented danger to democracy, writes Guardian columnist Zoe Williams"> <meta charset="utf-8"> <link rel="canonical" href="https://www.theguardian.com/commentisfree/2024/oct/31/elon-musk-an-excess-of-billionaires-is-destabilising-politics-just-as-academics-predicted"> <meta name="viewport" content="width=device-width,minimum-scale=1,initial-scale=1"> <meta name="theme-color" content="#052962"> <link rel="manifest" href="https://assets.guim.co.uk/static/frontend/manifest.json"> <link rel="apple-touch-icon" href="https...
Elon Musk speaking at a Trump rally in Madison Square Garden, New York, on 27 October 2024. Photograph: Jen Golbeck/Sopa Images/Rex/ShutterstockView image in fullscreenElon Musk speaking at a Trump rally in Madison Square Garden, New York, on 27 October 2024. Photograph: Jen Golbeck/Sopa Images/Rex/ShutterstockOpinionUS elections 2024 This article is more than 9 months oldAn excess of billionaires is destabilising politics โ just as academics predictedThis article is more than 9 months oldZoe WilliamsPoliticians have always courted the wealthy, but Elon Musk and co represent a new kind of donor, and an unprecedented danger to democracyThu 31 Oct 2024 06.00 EDTLast modified on Thu 31 Oct 2024 13.35 EDTShare740740The concept of โelite overproductionโ was developed by social scientist Peter Turchin around the turn of this century to describe something specific: too many rich people for not enough rich-person jobs. Itโs a byproduct of inequality: a ton of poor people, sure, but also a supe...
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