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PF in watercolour by Grok Imagine

Friday, 26 June 2026

Why “They” hate Elon

They do not hate Elon Musk despite his achievements. They hate him because of what those achievements expose.
He is the living refutation of crony capitalism — the cozy, managed system where success flows not from building better things but from regulatory moats, lobbying access, subsidy capture, and the right friendships. That system wears the costume of "capitalism" while functioning as its opposite: a protection racket for incumbents, held together by red tape and quiet corruption, where the press, the regulators, and the entrenched giants all scratch one another's backs.

 Shorter Brivael: they hate Musk because he exposes Crony Capitalism. Exposes its cushy, quiet, hidden, life. Exposes what amounts to a massive grift. 

By the way, China’s version of capitalism which Beijing calls “Socialism with Chinese characteristics” is also a form of Crony Capitalism. At least, the private sector of it is. The State Owned sector remains the state-owned sector, with all that being run by government apparatchiks involves.

Who are the “They” in the title? Why, all those that hate on Elon, o.c.!

This is the essay I would have written if I’d been able to write as elegantly as Brivael Le Pogam.