Twitter is getting exactly what it deserves. Let’s hope this kind of First Amendment capitalism spreads to Google, Facebook, et. al. From Jeffrey A. Tucker at brownstoneinstitute.org:
As you undoubtedly have heard, Elon Musk – ever the rebel – has offered to buy the whole of Twitter for more than $43 billion. He says that the offer is final. No negotiation. If it is rejected, he will likely sell his 10% stake.
I’m personally excited about the prospect because so many of my friends have been canceled by the platform. I’ve seen the way this has affected their lives. Yes, they move on eventually but the platform has become poorer in their absence. The range of opinion is more narrow and the links to vital research materials more and more thin. Plus, many of us who remain are more careful than we should be: self-censoring.
Elon’s bid threatens this entire model, which is why right now shockwaves are shooting through the many powerful quarters. Twitter is already packed with legacy users clutching pearls and confessing how “frightened” they are.
Twitter is probably the most powerful communication tool on the planet Earth today, as instrumental in the election of Donald Trump as it was in driving the Covid narrative toward lockdowns and mandates. Its influence far outstrips its market capitalization.
As Revolver News puts it:
Twitter remains, by Elon’s own admission, the de facto public town square. Despite its severe censorship, it is still the only major digital public space where anonymous accounts can interact with celebrities, journalists and business titans (including Elon), where world leaders engage in spirited public diplomacy, and where dominant cultural and political narratives incubate and spread.