Twilight of the Oligarchs?

Still capitalists at heart, tech titans cozied up to the progressive Left—until the contradictions became too obvious.

Amazon’s decision to abandon New York City—leaving a $3 billion goodie bag of incentives on the table—represents a break in the progressive alliance between an increasingly radicalized Left and the new technocratic elite.

For a decade, the oligarchs of Silicon Valley and Puget Sound worked overtime to win over progressives. For the most part, they enthusiastically back the Left on its immigration, environmental, gender, and racial agendas. The merger of the tech oligarchs with the Democrats went swimmingly—until the contradictions became too obvious. Even as they muzzled conservatives both inside and outside their companies and donated heavily to President Obama and other Democrats, they have remained at their core ruthless capitalists, determined to crush competition and shape society to their liking.

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