Stop the Thiel

Shortly after the Coast Guard kicked off its rescue mission to find the OceanGate submarine, one of the company’s founding advisers posted the following message online: “I hope to get a few hours of sleep, wake up and see very positive responses from the U.S. government in my Inbox. If I don’t, the whole world will know the names of the people who did not do their jobs.” It’s the latest example of powerful “disruptors” who got rich touting high-minded libertarian principles about innovation and deregulation, then blaming the government when everything predictably goes wrong. As with the BP Deepwater Horizon oil spill and Silicon Valley Bank debacle, the taxpayers foot the bill for the cleanup, while the supposed visionaries get a slap on the wrist. Host Brian Beutler is joined by Crooked contributor Max Fisher, whose book The Chaos Machine examines the mass-scale wrecking Silicon Valley has done to our society. They talk about how American industry got here, the psychology and origin story of the disruptor class, and how the path from idealism to nihilism is shorter than Elon Musk’s temper.