When some leading thinkers at the London School of Economics saw fascism take hold in the 1930s, Oxford history professor Ben Jackson said in a recent BBC interview, they “argued that in those circumstances the people with economic power in society, the property owners, are willing to cancel democracy, cancel civil liberties, and make deals with political organizations like the Nazis if it guarantees their economic interest.”

That analysis has an ominous ring to it now as many tech industrialists swing behind President-elect Trump. They can hardly be unaware that Gen. Mark Milley, who served as the Joint Chiefs of Staff chairman under Trump, described him as “fascist to the core.”

“Big congratulations to our 45th and now 47th President on an extraordinary political comeback and decisive victory,” Amazon founder Jeff Bezos tweeted the morning after the election. Weeks earlier, as the owner of the Washington Post, Bezos had blocked an endorsement of Kamala Harris by the newspaper’s editorial board.

Bezos could lose billions of dollars in antitrust cases, but now stands a better chance of winning thanks to a second Trump administration. During the last decade, Amazon Web Services gained huge contracts with the federal government, including a $10 billion deal with the National Security Agency.

We’re alive. Let’s make the most of it, no matter how much hope we have.

No wonder Bezos’ post-election tweet laid it on thick—“wishing @realDonaldTrump all success in leading and uniting the America we all love.”

Not to be left behind at the starting gun in the tech industry’s suck-up-to-Trump derby, Meta’s CEO Mark Zuckerberg wrote: “Congratulations to President Trump on a decisive victory. We have great opportunities ahead of us as a country. Looking forward to working with you and your administration.”

As a nine-figure donor and leading purveyor of online lies for the 2024 Trump campaign, Elon Musk has been working closely with Trump. The Tesla magnate, X (formerly Twitter) owner and SpaceX mogul is well-positioned to help shape policies of the incoming administration. A week after the election, news broke that Musk has been chosen by Trump to co-lead an ill-defined “Department of Government Efficiency” with an evident mission to slash the public sector.

Musk, Bezos, and Zuckerberg rank first, third and fourth respectively on the Forbes list of the world’s richest individuals. The three of them have combined wealth of around $740 billion.

“In recent years, many tech elites have shrugged off the idealism once central to Silicon Valley’s self-image, in favor of a more corporate and transactional approach to politics,” the Washington Post gingerly reported after the election. The newspaper added: “A growing contingent of right-wing tech figures argue that Trump can usher in a new era of American dominance by removing red tape.”

For amoral gazillionaires like Bezos and Musk, ingratiating themselves with Trump is a wise investment that’s calculated to yield windfall returns. Evidently, the consequences in human terms are of no real concern. In fact, social injustice and the divisions it breeds create the conditions for still more lucrative political demagoguery, with the richest investors at the front of the line to benefit from corporate tax cuts and regressive changes in individual tax brackets.

After Election Day, the fascism scholar Jason Stanley offered a grim appraisal: “People who feel slighted (materially or socially) come to accept pathologies—racism, homophobia, misogyny, ethnic nationalism, and religious bigotry—which, under conditions of greater equality, they would reject. And it is........

© Common Dreams