Assessment: Like Muskism, technocracy took its inspiration from science fiction and rested on the conviction that technology and engineering can solve all political, social and economic problems …
The last week of October, Bill Gates (net worth: $138 billion) celebrated his 66th birthday in a cove off the coast of Turkey, ferrying guests from his rented yacht to a beach resort by private helicopter. Guests included Jeff Bezos (net worth: $197 billion), who after the party flew back to his own yacht, not to be confused with the “superyacht” he is building at a cost of more than $500 million.
“The fool has said in his heart, “There is no God.” They are corrupt, They have done abominable works, There is none who does good.” Psalm 14:1
The world’s richest person, Elon Musk (net worth: $317 billion), did not attend. He was most likely in Texas, where his company Space X was preparing for a rocket launch. Mark Zuckerberg (net worth: $119 billion) wasn’t there, either, but the day after Mr. Gates’s party, he announced his plan for the metaverse, a virtual reality where, wearing a headset and gear that closes out the actual world, you can spend your day as an avatar doing things like going to parties on remote Aegean islands or boarding a yacht or flying in a rocket, as if you were obscenely rich.
The metaverse is at once an illustration of and a distraction from a broader and more troubling turn in the history of capitalism. The world’s techno-billionaires are forging a new kind of capitalism: Muskism. Mr. Musk, who likes to troll his rivals, mocked Mr. Zuckerberg’s metaverse. But from missions to Mars and the moon to the metaverse, it’s all Muskism: extreme, extraterrestrial capitalism, where stock prices are driven less by earnings than by fantasies from science fiction.
Metaverse, the term, comes from a 1992 science fiction novel by Neal Stephenson, but the idea is much older. There’s a version of it, the holodeck, in “Star Trek,” a TV show that Mr. Bezos was obsessed with as a kid; last month, he sent William Shatner, the actor who played Captain Kirk in the original series, into space. Billionaires, having read stories of world-building as boys, are now rich enough, as men, to build worlds. The rest of us are trapped in them.
Weirdly, Muskism, an extravagant form of capitalism, is inspired by stories that indict … capitalism. At Amazon Studios, Mr. Bezos tried to make a TV adaptation of the Culture space opera series, by the Scottish writer Iain Banks (“a huge personal favorite”); Mr. Zuckerberg put a volume of it on a list of books he thinks everyone should read; and Mr. Musk once tweeted, “If you must know, I am a utopian anarchist of the kind best described by Iain Banks.”
But Banks was an avowed socialist. Read More …