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this post was submitted on 23 May 2026
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It's just another JDPON Don type situation. The ruling class of this country is so lazy they don't want to do anything that requires competing or investing in R&D and people. Just wring all the money you can out of it while it lasts.
I kind of wonder if there's an age gap between Democratic Party capitalists and Republican capitalists. The Republican-supporting ones would be the people trying to cash out before they die in 10 or 20 years (when cars are all EVs and the US companies are out of the picture) . okay this is nonsense but still.
the party differences between capitalists is more determined by industry and special interests, as well as which party is in power. The capitalists will fence straddle and go to whichever side is ascendant.
Until somewhat recently, fixed resource extraction, farming and manufacturing capitalists tended to support the Republicans (oil, gas, mining, coal, factories, lumber, farming, cop unions, etc), while retail, tech, state, labor and finance supported the Democrats (banks, insurance, credit cards, silicon valley, big retail chains, non-cop unions). That's why we can see the states go the way they do, the economy determines how peoples ideologies are formed and the regional and local ruling ideologies of the local barons and elites. The biggest recent shift is tech and finance going all in with the GOP instead of fence straddling in a more restrained manner as they have historically.