His wealth was mainly in very illiquid land. A lot of it was near worthless unless US won the war since it was beyond the line drawn by the Royal Proclamation of 1763 and white settlers were generally banned from settling there.
Otherwise like many landholders back in the day he was semi-broke and had limited access to cash.
Of course after the war of course he was both compensated for his expenses and got “his” land in Ohio (more or less)
Perhaps but IMHO it’s a very high risk strategy and I doubt it’s necessarily optimal if more wealth is his primary goal (as opposed to his other seemingly highly megalomaniacal ambitions..)
So far his actions haven’t really been that beneficial for Tesla (of course its sales growth might have significantly slowed down even if he stayed out of politics). SpaceX can only make that much even if it gets to appropriate the entire budget of NASA. Also at the end of the day his and Trump’s relationship might fall apart any day.
But yes, confiscation of all his property and even the gallows (fortunately or unfortunately for everyone else) is not a risk Musk is facing yet.
He’s motivated by power, and the fear of power being taken away.
But yes, likely motivated by power too.
You can use power to get people to do they would not otherwise do.
Generally, if money is able to get people to do things they wouldn't otherwise do, there needs to be some sort of duress, or corruption. People who are content with what they have don't resort to prostitution or otherwise compromising their principles for money. Those who are held under crippling debt, or who come to have no principles, are much more inclined to do so.
Power is more subtle, and it is related to money, but no, they're not the same thing.
The people who get to be billionaires are motivated differently to normal people. They are more like feudal kings.
[1] https://en.wikipedia.org/wiki/Financial_cost_of_the_Iraq_War
Wars were much cheaper when all you needed were men, horses and small arms.
The war was much more expensive for the British than for the Colonists, and became even more expensive once France joined. The British didn't lose because they couldn't keep fighting, but because the cost of the war grew to be higher than the expected value of winning.
It was also expensive for the French, and that cost helped bankrupt the state, which led to the French Revolution. One of many causes.
Had the runway to bankruptcy been longer, a more decisive king than Louis 16th might have managed to successfully reform the state without it being shattered.
Perhaps the crisis wouldn't have landed at the same time as weather-driven economic downturn.
Maybe if it had been a few years later, different people would have gotten into power and Brissot wouldn't have started a disastrous war with Austria that spiraled everything out of anyone's control.
Or any number of other scenarios.
It was a nice sovereign republic while it lasted, or so I've read.
Certainly not. You could not print money out of nothing for a fairly long time.
So it stands to reason that wars will be as expensive as possible. It’s pay to win to a degree.
Owning people is the easiest way to become wealthy. Owning land is the second-easiest.
Is that true ?
As far as I am aware, the money the French Government alone loaned to the US during the revolutionary war (at least two million dollars[0]) far exceeded the value of Washington personal wealth (estimated at $780,000 in 1799 [1], so at the time of his death, not during the war).
And this is not counting all the loans made from other foreign sources (the Spanish Government and private Dutch investors), and the money raised directly by the Continental Congress.
Also, as others have said, it would have been almost impossible to liquidate his assets (his lands and his slaves) during the war - the problem was availability of cash, not wealth.
[0] https://history.state.gov/milestones/1784-1800/loans [1] https://en.wikipedia.org/wiki/Finances_of_George_Washington#...
But it is also totally irrelevant, because the point is that Washington was one of the richest people in America before the war started and even richer when he died. There is no doubt about that.
I'm doubting the different and very specific claim that "George Washington could have financed the entire Revolutionary War" with just a third of his wealth.
To me, the math simply does not add up. I suppose it can be chalked up to hyperbole ?
I also don't see how a discussion of the Iraq war could be relevant to that claim ...
Perhaps so. But you're the one who made the initial claim so confidently and definitively. To now say "it's complex and based only on a few notes, and depends on how you want to see it" is basically the same as saying "my original claim was my spin on it, which I was asking everyone to take as accurate".
Smaller groups you can outright kill in daylight, but better to get to them first to torture and kill them out of sight.
Once you need to kill 500.000 who are protesting and if violence to quell the hoards wakes up more people who want to see the regime fail.
Not saying it will turn out differently, but there are more guns circulating in the US than there are people. Nearly everyone has or can easily get access to a gun. US culture is also quite a bit different, celebrating violence, don't tread on me, etc...
Again, it might not make a difference, but I'm not sure those other situations are comparable.
Something else to note is that military officers swear an oath the constitution, not POTUS (like enlisted do). Asking someone to order or to shoot fellow Americans, particularly if unarmed, would definitely be a test. If something like that did happen, we would be entering a second civil war.
APCs take fuel, require men to run, and need tires or tracks. For $10 worth of chemicals or a little bit of camouflage and some earth work you can make the APC irrelevant very quickly.
Happened in Iraq all the time.
The US military and its members have spent almost 25 years fighting through insurgencies.
There are millions of combat vets.
I always wondered why north korea is so stable. I think its a mix of military power, media control and chinese support.
Turned out that in this day and age when the governments have unprecedented powers of surveillance and the ability to cut anyone from the respective financial system, a revolution is a really hard thing to pull off.
If the British had the kind of power that even half-competent governments have today, the American revolution would never have succeeded.
Euromaidan succeeded because it also had massive support and influence from the western powers and from the western(mostly US) itelligence agencies to make the pro-Russian regime change happen.
Similar to the fall of the Berlin wall and the fall of communism in Eastern Europe, it was a decades long effort from the US itelligence agencies, they didn't just sit around and wait for the local population to revolt.
People ignore how much external interference these revolutions get in order to make regime changes happen.
If the public knew everything the CIA was doing, they would be not very good at their job. Stuff like this is usually declassified only 50+ years later or sometimes never. So please, let's not use the "I've only seen Russian agents in the streets but not CIA" as some sort of argument since that insults everyone's intelligence.
not only that, but to sniff out those with whom they transacted. This causes a chilling effect, because secondary sanctions cause just as much harm.
It's also why i am against removal of cash based, anonymous transactions. It is needed, so that the state cannot cut off citizens at their whim.
tbh British empire at that time still has Canada,India,Australia and not counting 'small size' territory they has, Yes they can supress American Revolt absolutely but it would be a burden and not cost effective at the same time. colonies is bussiness after all
if they can't produce wealth then why fought so hard to defend this land???
Did they, though... The Western media depicts all color revolutions as such movements, complete with 'the military speaking out'. They did the same in Venezuela and other places. The 'military guys speaking out' turned out to be Colombian mercenaries who put on the wrong Venezuelan army uniform and whatnot.
Having written that, so yes and no. As in, I don’t think there were many (any?) active service members. That likely would’ve been very dangerous. But people who had close and recent ties with the military, so could be expected to be regime loyalists, yes, plenty.
EDIT: I never follow Ukraine, Russia, or Belarus on “Western media”. I read Russian, so I follow a bunch of Telegram channels from those countries. The protests in Belarus were basically covered live.
That's SO very different than every other color revolution, including the ones the US attempted in Cuba by creating a fake twitter.
This is not true at all. Where is your source for this claim?
>he was promoted to Director of Public Schools for the province, overseeing the foundation of over 450 schools as a part of the government's plans for modernisation. In January 1882, his dedication to education earned him the Order of Saint Vladimir, which bestowed on him the status of hereditary nobleman.
Literally all the founding fathers stood to be wealthier by getting the colonies to work with Britain than against it. Like, this is basic fucking math. Dragging armies across the economy you do business in with the end result being you are on your own and can no longer rely on the dominant economic power for protection and trade agreements and whatnot is not how you get fabulously rich if you are already starting from "not peasant".
If you want to look at them through an economic lens the right one to choose is "the founding fathers were rich enough that they knew that even if revolution was bad on a macro level they'd still be filthy rich and wouldn't starve"
>But the poor will not benefit this time either. When things get bad for average people, it's just an opportunity for other rich guys to take the reigns.
I think you need to look at more revolutions. What tends to happen is a shuffling of the people who are already on top and the "HN class" of high end professionals, academics, media personalities, business leaders and other "peasants who are critical to the system" wind up in the gulags or losing their heads because the "fungible peasants" are pissed off at them for really squeezing out every penny until the system collapsed.
That was a rebellion, not a revolution. The colonial elite broke away from the mother country. They sculpted the eventual legal and political structure to protect their power and privilege without having to pay taxes.
If you're looking for a revolution, better look at the French Revolution or the October Revolution.
And with that argument, you reduce every.single.revolution to a 'surgical strike by a minority faction'. The French Revolution becomes a surgical strike of a few enlightened bourgeois in Paris. The American Rebellion becomes the rebellion of a very small clique of rich colonial landowners. No revolution would be an exception.
Every single revolution happens through a vanguard party pushing it forward - that's what the Bolsheviks got right.
> it wasn't about what people wanted
It wasn't what the better-off bourgeois and their dependents in Moscow, St. Petersburg and other regions wanted. It was apparently what the people wanted, because the resulting, foreign-aided civil war was won by the power of those people. No revolution can win a civil war without popular support.
At least Bukele seems to get this. As does the IMF, as evidenced by their panicked attempt to shut him down.
No rush in any case though; the people who understand Bitcoin the best are those that need to, and rapid adoption is just a stressor on those building out the rails.
That’s a rather skewed take. You might see what Washington himself said about becoming that leader.
https://www.gilderlehrman.org/history-resources/spotlight-pr...
George Washington wasn’t a signer of the Declaration of Independence either, so this idea that he concocted the revolution for personal gain is silly. He was appointed to lead the Continental Army by John Adams because of Washington’s military experience and his being from Virginia which was an asset in unifying the colonies.
If you want to live in a country with rampant poverty, homelessness, crime, etc then go to a country with low or no income tax. If you're not a lord in a feudal society then you're a serf.
To read about people standing up for their rights in a Marxist State read Robert Conquest's 570 pages of 'The Great Terror' - an account of the crimes committed against humanity in the name of the Soviet Communism that emerged from the 1917 revolution. 'We'll do it differently' is the usual response. Sadly this always leaves out appreciation of the human factor whereby charismatic leaders arise and are convinced they know the truth and the way. Before considering a revolution, ensure there's a solution for this human problem of leaders who lead the masses (they regard the latter as such) down a path that in retrospect is seen to be a disaster. Pol Pot, The Great Leap Forward, the Iranian Revolution. We need to sit down and think about this before taking to the streets.
How about evolution rather than 'eggs in one basket' revolution?
That's the premise of social democrat parties, and the UK Fabian society (named after Roman general Fabius "the delayer") & Labour party!
Revolutions only happen when peaceful change is thwarted.
Of course, America is the least fertile ground for a left revolution. It's in the middle of a right-populist one.
Hence why the illusion of change and propaganda/political marketing is so, so important
Just make sure people are busy believing everything is changing all the time. Wear them out
I hear much about the latter. The right to freedom of speech vs. the obligation to not defame, to not pump up your own share price, to not leak state secrets, to not openly call for civil wars in foreign countries, etc.
The right to bear arms, vs. the obligation to keep them locked up so kids can't play with them.
While I share your opinion that revolutions are generally bad and messy things, there's plenty of people who think the rich are failing their obligations to the society which gave them the right to own property.
I know you're not the person who responded with that conflation, but if you were, to ask if Lenin would agree with that assessment is a motte-and-bailey fallacy.
One lasted about 70 years, turned a country from "agrarian" to "beat the USA to Earth orbit, put landers on the moon and Venus first, roughly equal nuclear capabilities".
The other big one went from "agrarian" to "makes most of your smartphones, e-readers, etc."
But more than that, if your standard for "marxist" is "Laborer coordination and workforce strikes", then the UK, France, and Germany are currently also Marxist. The UK and France brings the number of permanent UN security council members who are "Marxist" to 3 (not 4, because Russia doesn't have those things today), and those plus Germany are the economic backbone of western Europe.
Also India. They've got two different Communist parties, the split being because one wanted to be more Marxist than the other: https://en.wikipedia.org/wiki/Communist_Party_of_India_(Marx... vs. https://en.wikipedia.org/wiki/Communist_Party_of_India — but by the standard you use here, the https://en.wikipedia.org/wiki/Indian_National_Congress is also "Marxist", which will probably annoy all three parties for different reasons. Anyway, they also went from "agrarian" (when they kicked my parents' and grandparents' generations out) to "nuclear powered, industrialised, have a space program".
Yeah, it was able to channel more of the output of the workers into achievements like nuclear weapons and space programs. It didn't put much into things that actually benefitted the workers, though.
So the USSR may not be making the point for you that you think it is...
> Yeah, it was able to channel more of the output of the workers into achievements like nuclear weapons and space programs. It didn't put much into things that actually benefitted the workers, though.
Yes, and? I don't feel a need to claim the USSR was in any sense "nice" or "wise" or anything else like that. They were awful in many, many ways.
If my point had been about niceness, I could of course also point out that at the same time, the USA was still in the middle of saying "well obviously black people need to have separate bus seats" and had yet to end redlining policies, while the UK had yet to fully internalise that perhaps the people in the colonies who kept shooting the troops might possibly not like what we had done and were continuing to do with their homes.
But such was never the point I made in the first place.
Think lower on Maslow's hierarchy of needs.
Famine is the default, that everyone used to suffer on a regular basis. The USSR, India, China, these are all countries had all been suffering from mass famines at the start of their industrialisation, and compare them to how Ireland was part of the UK when the potato famine happened: The Soviet famines were 1930–1933 (including Holodomor) and 1946–1947 (which was partly due to WW2 and a need to not look weak due to very legitimate fear of America at that point); the Chinese one was the Great Leap Forward in 1958-62 (the CPC only took power in December 1949); the last really severe Indian famine was 1943, just before the British were made to leave.
Then think of the housing stock. Of electricity. Of plumbing, even (even today, Russia's % of that is pretty low). Pre-industrial societies basically do not have mass plumbing — can't pump sewage away without power. Toothpaste is important, but it's way down the list compared the radical improvements to quality of life that these governments brought their people (which is not to say they therefore are above criticism, they're absolutely fair game for criticism!). Even good nations aren't above criticism, and the USSR wasn't even good. The USSR in particular had huge avoidable problems caused by their own censorship preventing themselves from fully understanding how badly wrong their own policies were.
Even despite all the stuff the USSR did wrong, they still made things a lot better than what came before. (Unlike, say Pol Pot, who was an unmitigated disaster for Cambodia).
That the USSR was, and China now is, able to reach the point of challenging the USA for hegemony, is nevertheless a national success story. Despite both being flawed. Likewise India now having a GDP higher than the UK, even if they're still a long way behind on the per-capita front.
All animals are created equal, but some animals are more equal than others.
I agree. Too often 'revolutions' are framed as though common people were responsible for it - because it appeals to the modern day 'peasants' ( the 'middle' class and below) ideas of a 'fair' society. They are just pawns in a larger game and they are oblivious to it.
Just to be clear, are you saying that the French Revolution was done by the rich born into nobility (even if minor)? Even if the rich still had an advantage during the entire turmoil, I think it's hard to argue that for the decades after 1790 that there wasn't a huge boost to social mobility.
They could vote for lefties like Corbyn or Bernie but they don't because things aren't that bad.
> 250 years ago George Washington could have financed the entire Revolutionary War
Could you provide some support for this claim?
I believe it will help me deal with the current doomsday news (and be more stoic in general).
A lot of revolutions were carried out by people with very little resources - Mao led his army from under-developed hills, the October Revolution didn't have much of an industrial base either, nor did the left in the Spanish civil war (although the military eventually won, but hey, they had a fighting chance).
And aside from that, many revolutions happen relatively peacefully. For example Chile or South Africa. Although the latter case did have some violence and property destruction.
And aside from that, guns in the USA (assuming we're talking about this and not Europe) are cheap and plentiful. And a large, determined, but poorly-armed opposition has often beaten the smaller, well-armed forces of decadent states in the past.
Let's hope it doesn't come to that though - even a peaceful movement can succeed if it's widespread.
It's one of the refreshing things about the crazy rightoids of late, how they emphasize how their larp revolution will cash out and retire enemies of the state.
But here on HN we get ESL-Occupy Wallstreet jeremiads that'd make Sorel blush.
With the transition from conscripted militaries to autonomous robotic weapons, there will be no more humans refusing to execute orders and no more traitors.
A future revolution will succeed only against a grossly incompetent government.
So, no, there will always be some programmer Chuds willing to write the "kill all the leftists/organizers" functionality.
And they will sleep soundly.
The feds are bleeding us dry to line they and their corrupt friends pockets and their public debt.
Pre WW1 peacetime federal spending would be a godsend for working families.
This suggests that taxing the slaves would have better helped the poor. Was it helping them before the war? Were the poor suddenly worse off because of the revolution?
> it's just an opportunity for other rich guys to take the reigns.
Do George Washington's heirs control a significant portion of today's wealth?
Whether things may get better for the poor or may not isn’t so much the point as I see it. The observation here is that the poor, and their anger, become pawns for the games of elites. Sometimes those games benefit them where an elite acts as a benevolent avatar of their anger, but this is usually a transient faux-alliance because the elite calls the shots and has no genuine interest in a positive outcome for the poor they claim to represent.