25 May 2022

Robert Reich Opinion: Billionaire donors are pushing an unsettling agenda for America

Intro: If we want to guard what is left of our freedom, we will need to meet today’s anti-democracy movement with a bold pro-democracy movement that protects the institutions of self-government from authoritarian strongmen like Trump and his wannabes, and from big money like Peter Thiel’s.

America’s billionaire class is funding anti-democratic forces

<div class=__reading__mode__extracted__imagecaption>‘Peter Thiel, the billionaire tech financier who is among those leading the charge, once wrote, “I no longer believe that freedom and democracy are compatible.”’Photograph: Rebecca Blackwell/AP<br>‘Peter Thiel, the billionaire tech financier who is among those leading the charge, once wrote, “I no longer believe that freedom and democracy are compatible.”’Photograph: Rebecca Blackwell/AP</div>

Billionaire donors are pushing an unsettling agenda for America – backing Trump’s lie that the 2020 election was stolen, calling for restrictions on voting and even questioning the value of democracy itself

Decades ago, America’s monied interests bankrolled a Republican establishment that believed in fiscal conservatism, anti-communism and constitutional democracy.

Today’s billionaire class is pushing a radically anti-democratic agenda for America – backing Trump’s lie that the 2020 election was stolen, calling for restrictions on voting and even questioning the value of democracy.

Peter Thiel, the billionaire tech financier who is among those leading the charge, once wrote, “I no longer believe that freedom and democracy are compatible.”

Thiel is using his fortune to squelch democracy. He donated $15m to the successful Republican Ohio senatorial primary campaign of JD Vance, who alleges that the 2020 election was stolen and that Biden’s immigration policy has meant “more Democrat voters pouring into this country.”

Thiel has donated at least $10m to the Arizona Republican primary race of Blake Masters, who also claims Trump won the 2020 election and admires Lee Kuan Yew, the authoritarian founder of modern Singapore.

The former generation of wealthy conservatives backed candidates like Barry Goldwater, who wanted to conserve American institutions.

Thiel and his fellow billionaires in the anti-democracy movement don’t want to conserve much of anything – at least not anything that occurred after the 1920s, which includes Social Security, civil rights, and even women’s right to vote. As Thiel wrote:

The 1920s were the last decade in American history during which one could be genuinely optimistic about politics. Since 1920, the vast increase in welfare beneficiaries and the extension of the franchise to women – two constituencies that are notoriously tough for libertarians – have rendered the notion of “capitalist democracy” into an oxymoron.

Rubbish. If “capitalist democracy” is becoming an oxymoron, it’s not because of public assistance or because women got the right to vote. It’s because billionaire capitalists like Thiel are drowning democracy in giant campaign donations to authoritarian candidates who repeat Trump’s big lie.. .

If freedom is not compatible with democracy, what is it compatible with?

Last Tuesday night, Doug Mastriano, a January 6 insurrectionist and Trump-backed big lie conspiracy theorist, won the Republican nomination for governor of Pennsylvania (the fifth largest state in the country, and the biggest state that flipped from 2016 to 2020). Mastriano was directly involved in a scheme to overturn the 2020 election by sending an “alternate” slate of pro-Trump electors to the electoral college – despite the fact that Trump lost Pennsylvania by more than 80,000 votes.

If Mastriano wins in November, he will appoint Pennsylvania’s secretary of state, who will oversee the 2024 election results in one of the most important battleground states in the country.

Meanwhile, the major annual event of the Conservative Political Action Conference (Cpac) – the premier convening organization of the American political right – was held this past week in Budapest. . .

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