To some extent. The titans of industry have often been wanting racial equality because it creates more labor competition that busts unions. But when leadership taps racial resentment and pulls its power from there, the kiss-the-ring loyalty tests that the titans are subject to change motives. Plus:
And I should have said: change *incentives* rather than change motives. The motives are commercial fiefdom, reaping personal comfort through wealth (and the ancient style family power that comes with it) and the erasing of national borders for themselves. High net worth families are institutions.
(Plus:) it only takes a couple of titans with deep racial hatred like Musk, Thiel and Murdoch to really bring intense energy to these dynamics. It’s like hurricane formation.