#providence

Even without junk fees, Southwest's fares are now higher than their rivals. I'm flying to San Francisco tomorrow to host EFF executive director Cindy Cohn's book launch at City Lights:

https://citylights.com/events/cindy-cohn-launch-party-for-privacys-defender/

Normally, I would have just booked a SWA flight from Burbank to SFO or Oakland (which gets less fog and is more reliable). But the SWA fare – even without junk fees – was higher than a United ticket out of the same airport, even including a checked bag, seat selection, etc. Southwest is genuinely worse than Spirit now: not only does it have worse policies (forcing occupancy of middle seats!), and more frustrated, angrier flight crew (flight attendants are palpably sick of arguing with passengers), but SWA is now more expensive than United!

All of this is the fault of one billionaire: Elliott Investment Management CEO Paul Singer, one of America's most guillotineable plutes. This one guy personally enshittified Southwest Airlines, along with many other businesses in America and abroad. Because of this one guy, millions of people are made miserable every single day. Singer flogged off his shares and made a tidy profit. He's long gone. But SWA will never recover, and every day until its collapse, millions of passengers and flight attendants will have a shitty day because of this one guy:

https://www.wfaa.com/article/money/business/southwest-airlines-activist-investor-elliott-lower-ownership-stake/287-470b5131-ef1a-4648-a8ec-4cc017f7914c

Even if Paul Singer were no more prone to ethical missteps than you or me, the fact that he is morbidly wealthy means that his ethical blind spots leave behind a trail of wreckage that rivals a comet. And of course, being as rich as Paul Singer inflicts a lasting neurological injury that makes you incapable of understanding how wrong you are, which means that Paul Singer is doubly dangerous.

Billionaires aren't just a danger when they're trying to make money, either. One of the arguments in favor of billionaires is that sometimes, the "good" billionaires take up charitable causes. But even here, billionaires can cause sweeping harm. Take Bill Gates, whose charitable projects include waging war on the public education system, seeking to replace public schools with charter schools.

Gates has no background in education, but he spent millions on this project. He is one of the main reasons that poor communities around the country have been pressured to shutter their public schools and replace them with weakly regulated, extractive charters:

https://apnews.com/article/92dc914dd97c487a9b9aa4b006909a8c

This was a catastrophe. A single billionaire dilettante's cherished stupidity wrecked the educational chances of a generation of kids:

https://dissidentvoice.org/2026/03/free-market-charter-schools-wreak-havoc-in-michigan/

Gates was a prep-school kid, so it's weird for him to have forceful views about a public education system he never experienced. In reality, it's not so much that Gates has forceful views about schools – rather, he has forceful views about teachers' unions, which he wishes to see abolished. Gates is one of America's most vicious union-busters:

https://teamster.org/2019/10/teamsters-union-and-allies-protest-bill-gates-and-cambridge-union-society/

Gates's ideology permeates all of his charitable work. We all know about Gates's work on public health, but less well known is the role that Gates has played in blocking poor countries from exercising their rights under the WTO to override drug patents in times of emergency. In the 2000s, the Gates Foundation blocked South Africa from procuring the anti-retroviral AIDS drugs it was entitled to under the WTO's TRIPS agreement. The Gates Foundation blocked the Access to Medicines WIPO treaty, which would have vastly expanded the Global South's ability to manufacture life-saving drugs. And during the acute phase of the covid pandemic, Gates personally intervened to kill the WHO Covid-19 Technology Access Pool and to get Oxford to renege on its promise to make an open-source vaccine:

https://pluralistic.net/2021/04/13/public-interest-pharma/#gates-foundation

It's not that Gates is insincere in his desire to improve public health outcomes – it's that his desire to improve public health conflicts with his extreme ideology of maximum intellectual property regimes. Gates simply opposes open science and compulsory licenses on scientific patents, even when that kills millions of people (as it did in South Africa). Gates's morbid wealth magnifies his cherished stupidities into weapons of mass destruction.

Gates is back in the news these days because of his membership in the Epstein class. Epstein is the poster child for the ways that wealth is a force-multiplier for bad ideas. We can't separate Epstein's sexual predation from his wealth. Epstein spun elaborate junk-science theories to justify raping children, becoming mired in that most rich-guy coded of quagmires, eugenics:

https://www.statnews.com/2026/02/24/epstein-cell-line-george-church-harvard-personal-genome-project/

Epstein openly discussed his plans to seed the planet with his DNA, reportedly telling one scientist that he planned to fill his ranch with young trafficked girls and to keep 20 of them pregnant with his children at all times:

https://www.nytimes.com/2019/07/31/business/jeffrey-epstein-eugenics.html

We still don't know where Epstein's wealth came from, but we know that he was a central node in a network of vast riches, much of which he directed to his weird scientific projects. That network also protected him from consequences for his prolific child-rape project, which had more than 1,000 survivors.

In embracing eugenics junk science, Epstein was ahead of the curve. Today, eugenics is all the rage, reviving an idea that went out of fashion shortly after the Fordlandia era. After all, Henry Ford didn't just build a private city where his word was law – he also bought up media companies to promote his ideas of racial superiority:

https://en.wikipedia.org/wiki/The_Dearborn_Independent

Despite being too cringe to make it onto Epstein island, Elon Musk is the standard bearer for the dangers of billionaireism:

https://people.com/emails-reveal-that-elon-musk-asked-jeffrey-epstein-about-visiting-his-island-11896842

Like Henry Ford, he craves company towns where his word is law:

https://www.texasmonthly.com/news-politics/inside-starbase-spacex-elon-musk-company-town/

Like Ford, he buys up media companies and then uses them to push his batshit ideas about racial superiority:

https://www.motherjones.com/politics/2025/01/eugenics-isnt-dead-its-thriving-in-tech/

Like Paul Singer, he is a master enshittifier who never met a junk fee he didn't fall in love with:

https://edition.cnn.com/2022/11/01/tech/musk-twitter-verification-price

And like Epstein, he wants to seed the human race with his babies, and has built a secret compound in the desert he plans to fill with women he has impregnated:

https://www.realtor.com/news/celebrity-real-estate/elon-musk-compound-austin-children/

Billionaires and their lickspittles will tell you that all of this is wrong: the market selects "capital allocators" by executing a vast, distributed computer program whose logic gates are every producer and consumer in The Economy (TM), and whose data are trillions of otherwise uncomputable buy and sell decisions.

This is a tautology: the argument goes that only good people are made rich, and therefore all the rich people are good. If rich people had as many cherished stupidities as I claim, The Economy (TM) would relieve them of their wealth, and thus their power to allocate capital, and thus their potential to hurt people by being wrong, which means that they must be right.

This is the stupidest (and most destructive) of all of billionaireism's cherished stupidities: that we live in a meritocracy, which means that whatever the richest people want must be right. It's a modern update to the doctrine of divine providence, which held that we can discern god's favor through wealth. The more god loves you, the richer he makes you.

This can't be true, because every single economic cataclysm in the history of the world was the fault of rich people. Rich people gave us the 19th century's bank panics. They gave us the South Seas bubble. They gave us the Great Depression, and the S&L Crisis, and the Great Financial Crisis. They invented greedflation and created the cost of living crisis. Today, they are teeing up an AI crash that will make 2008 look like the best day of your life:

https://pluralistic.net/2025/12/05/pop-that-bubble/#u-washington

The old left aphorism has it that "every billionaire is a policy failure." That's true, but it's incomplete. Every billionaire is a machine for producing policy failures at scale.

Image: Aude (modified) https://commons.wikimedia.org/wiki/File:80th_floor_of_3_World_Trade_Center_-_OHNY.jpg