Why is a group of billionaires working to re-elect Trump? | Robert Reich

Oligarchs like Elon Musk and Peter Thiel aren't just hostile to progressivism. They're hostile to American democracy itself

Elon Musk and the entrepreneur and investor David Sacks reportedly held a secret dinner party of billionaires and millionaires in Hollywood last month. Its purpose: to defeat Joe Biden and re-install Donald Trump in the White House.

The guest list included Peter Thiel, Rupert Murdoch, Michael Milken, Travis Kalanick, and Steven Mnuchin, Trump's treasury secretary.

Robert Reich, a former US secretary of labor, is a professor of public policy at the University of California, Berkeley, and the author of Saving Capitalism: For the Many, Not the Few and The Common Good. His newest book, The System: Who Rigged It, How We Fix It, is out now. He is a Guardian US columnist. His newsletter is at robertreich.substack.com