That's the point, it's not. But many people (me included) seem to be under the impression that his views will lead to this end-game.
Particularly points like:
> We believe in market discipline. The market naturally disciplines – the seller either learns and changes when the buyer fails to show, or exits the market. When market discipline is absent, there is no limit to how crazy things can get. The motto of every monopoly and cartel, every centralized institution not subject to market discipline: “We don’t care, because we don’t have to.” Markets prevent monopolies and cartels.
Are pillars of his argument while being complete horseshit (the monopoly part in particular). When he thus argues that regulations and market control are bad he does implicitly argue for this.
He isn't arguing for the benefits of the many short term. He's arguing for the benefit of the many through "abundance" at some point in the distant future. But for the moment - he'll get filthy rich off of this flavour of libertarian anarcho-capitalism. And if you're optimistic too maybe you'll get rich in a couple of decades through trickle-down technological development too! wink wink