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The New Alliance: Capital Is Power

In recent years, major figures in the tech industry have positioned themselves as champions of progressive values, including those reflected in ESG (Environmental, Social, and Governance) principles.


However, this article explores a surprising shift: the increasing fusion between business leaders and political power structures, even under administrations whose policies may contradict those same progressive ideals.


The authors examine how tech billionaires such as Elon Musk, Jeff Bezos, and Mark Zuckerberg have navigated the political landscape. They show how corporate leaders, once external actors advocating for change, are now becoming key players within government institutions.


This movement raises complex questions about the authenticity of corporate ESG commitments, as well as about the risks to democratic processes when private economic interests and public governance become intertwined.


Through recent examples and a critical lens, the article highlights the gradual erosion of boundaries between corporate power and state authority. It warns that what once seemed like a theoretical concern—capital increasingly controlling government—has now materialized into an observable and urgent phenomenon that challenges the ideals of democratic oversight, public accountability, and responsible governance.


To read the full article, visit our Hebrew main blog.

 
 
 

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