Why does the WSB ethic permit the existence of Richard Branson? Shouldn't a UK public school billionaire descendant from violent colonial oppressors earn a spot up against the wall?
“Papa Elon” isn’t exactly praising the working class. WSB has less of a problem with Billionaires than they do Wall Street.
Yeah, WSB hates bankers, has nothing against founder-owners.
that's what puzzles me. All these founder-owners basically took (literal) truckloads of fresh money printed for "keeping the economy running" and swapped it for shares in their extremely overvalued companies. Doesn't sound a lot better than bankers and crucially doesn't work without bankers?
I actually don't even know what you're referring to, but I'm quite confident that it's untrue that "all" founder-owners did it, or that it's anywhere near as nefarious as you're positing.
I mean, even hating bankers seems to be basically brand new. The culture of WSB has radically changed very very recently.
you may be drastically overestimating the leftist ideals of the WSB set.
No, Branson is a founder that is playing a positive sum game. He grows the pie and pushes things forward. That's also why they like Elon.