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So, according to the author, a PhD in Sociology, Elon Musk is a "Snake Oil Salesman" and the "irrational" share price of TSLA is case for "democratizing the al
by holler 7y ago
So, according to the author, a PhD in Sociology, Elon Musk is a "Snake Oil Salesman" and the "irrational" share price of TSLA is case for "democratizing the allocation of wealth" or as she puts it "socializing finance". Umm, no, that's not how it works in a free market and free society. People can do whatever they please with their own dollars, including risking them on a stock.
- mrr54 7y agoElon Musk is indisputably a snake oil salesman. See: hyperloop.
- wedn3sday 7y agoThe hyperloop's something he's never tried to sell. It was just a crazy "what if" idea he talked about, and then other people got excited and started saying it was the best thing since sliced bread.
- new_realist 7y agoHe made SpaceX engineers ghostwrite a lengthy report on it: https://spacex.com/sites/spacex/files/hyperloop_alpha.pdf https://spacex.com/sites/spacex/files/hyperloop_alpha.pdf
- ramphastidae 7y agoIt looks like you are new. This comment is not appropriate for Hacker News. Please read the guidelines: https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html Specifically: > When disagreeing, please reply to the argument instead of calling names. > Please don't post shallow dismissals, especially of other people's work. A good critical comment teaches us something.
- mrr54 7y ago...says the person that posts things like > Isn’t this exactly the rationale used by Hitler, Stalin, Mao and Pol Pot to commit mass genocide in the name of a more ‘ideal’ future state?
- frgtpsswrdlame 7y agoI believe that if you asked the author they would tell you that free markets have nothing to do with 'free society.' I also highly doubt the author (and probably even you) believe that people should be able to do whatever they please with their own dollars.
- jml7c5 7y ago>Umm, no, that's not how it works in a free market and free society. I believe she is advocating moving away from (though to what degree I am unsure) a free market and free society.
- rumanator 7y ago> I believe she is advocating moving away from (though to what degree I am unsure) a free market and free society. The whole publication advertises itself as"a leading voice of the American left, offering socialist perspectives on politics, economics, and culture." It's a blog dedicated to publish socialist/communist rethoric. It's no surprise an article published through it is dedicated to defend the idea that they have the right to dictate how someone else's money should be spent.