Part of what this is getting to is that the elites are, in a sense, unmoored. I can't speak for what they individually feel but there must be some acceptance that Facebook and Google just don't measure up to Standard Oil or Toyota in terms of real world impact. The electronic companies can measure up, but they are becoming more of an Asian phenomenon. Maybe the drug companies.
I have a half-formed view that many of societies elites are trying to pretend that they are something else because they don't know how to handle the responsibility of maintaining the complex machinery of society. They don't want to actually let go of their power and status though.
I suspect that to the elites, the world today is as scary and uncertain as it is for the rest of us. I always get a kick out of watching the Davos videos - this convention of world leaders reminds me of nothing so much as my small-town elementary school, what with all the fads, cliques, and isolation from the wider world. I'd be scared too.
I suspect for example that most of the Davos set truly believes in and is worried about climate change, but also knows that anything they try to do in response will be ineffectual within one election cycle. I imagine a scene where some respected member of their inner circle admonishes them that they need a populist of their own to sell their solutions, and they quietly agree but can't get along with anyone who would actually be popular.
>> most of the Davos set truly believes in and is worried about climate change
Over a thousand private jets would indicate the opposite. Perhaps one owner could offer to fly Greta to her next destination, surely one of them must be going to the same place?
One can believe in the reality of a problem and rationalize one's own contribution.
I'm a prime example - I don't need to run a vehicle, I could take the bus to work. Of course, I'd spend two more hours every day commuting, get behind on my sleep, and my health and work performance would suffer. It might be the best thing I could do for the climate. But I'm convinced enough that I'm on the side of the better angels that I do this harm to my fellow organisms in hopes it will make me more effective where it counts.
If I was an Oligarch or world leader commuting to the biggest professional convention of the year, my considerations - and I daresay my decision - would be identical, just on a larger scale.
It's interesting you compared to Standard Oil and Toyota, to me the founders of those two organisations couldn't be more different in terms of their status seeking.
There might be something to what you say though, my gut feeling is Google and Facebook are yet to show any longevity. They could disapear as quickly as they arrived.
I have a half-formed view that many of societies elites are trying to pretend that they are something else because they don't know how to handle the responsibility of maintaining the complex machinery of society. They don't want to actually let go of their power and status though.