Earlier quoted context omitted.
Did you read tfa? The key word here is populism. Finding scapegoats (immigrants, woke feminists, lazy unemployed people) to explain away societal ills caused by inequality. Of course tech billionaires prefer blaming the scapegoats to blaming themselves. It serves as a political shield, so that they can continue to hoard wealth and control. In the 30s, industry leaders aligned themselves with Hitler and Mussolini. The…
You can eat olives without martini. The actual problem with technocracy (if done right) is that the work of experts grows increasingly incomprehensible to average men. Even if things work out perfectly, experts can't properly take risks or make a leap of faith in other people's name. (Not to argue our current democratic model is any good at it)
I am not a free market capitalist, I am a socialist; but I also believe in decentralizing decision making because centralized systems run by self-proclaimed people-of-merit always produces bad outcomes in the long run; left or right.
Having to find consensus is messy and difficult but always wins out in the long run.