Venture Capital and Sudden Catastrophic Fascist Outcomes
This post is on the topic of venture capital’s ability and willingness to cause a discontinuous change in the world in the form of a fascist revolution.
This will be more speculative than many of my other posts on these subjects. After all, it is difficult to make predictions about the future, and in many of your cases, it is difficult to make predictions about the past, even having experienced it. Time is a flat circle, and the new season of True Detective comes out in January.
Furthermore, the venture capitalist vehicle is an opportunistic one; they take advantage of the global climate and the configuration of geopolitics, economic circumstances, and social events; they are a highly nimble and agile criminal syndicate. Nonetheless, this will be a meditation of sorts on the threats venture capital poses and its ability and action in what we will call, catastrophic rapid change scenarios, including the sudden arrival of new political formations and catastrophic changes to the economy. Indeed, venture capitalists very much seek the reconfiguration of the global landscape to situate themselves as a dominant and sovereign power. Indeed, we are in a position where we could be facing a rapid change in world events due to venture capital seizing openings for a power grab and the global rise of fascism underway.
Rapid change has clearly been on the mind of our worst venture capitalist, the head of the pack, Marc Andreessen the techno-optimist who is building hypersonic missiles. Whom recently published several telling quotations on his Twitter page. They hide their true intentions behind the quotes of others; the name of their game is plausible deniability and they absolutely love to see what they can get away with, for Marc especially, this is his favorite game in the world and keeps him occupied through 1000s of hours of podcasting. To the tweets.
The tweet, which quotes a Wikipedia article:
“Underground stresses build for decades without shaking the ground; discontents endured silently keep private opinion moving against the status quo. An earthquake can hit suddenly; public opinion may change explosively from an apparently minor event."
The full quote from Wikipedia: “Just as underground stresses can build up for decades without shaking the ground above, so discontents endured silently may make private opinion keep moving against the status quo without altering public opinion. And just as an earthquake can hit suddenly in response to an intrinsically minor tectonic shift, so public opinion may change explosively in response to an event of minor intrinsic significance to personal political incentives.”
Of course you will notice the utter bastardization of the quote despite presenting the quote as if the actual quote. The intellectual dishonesty displayed here is pretty typical in what we are dealing with here.
This is a quote from the “Preference falsification”, Wikipedia from which we will take an additional quotation:
“Preference falsification is the act of misrepresenting a preference under perceived public pressures. It involves the selection of a publicly expressed preference that differs from the underlying privately held preference (or simply, a public preference at odds with one’s private preference). People frequently convey to each other preferences that differ from what they would communicate privately under credible cover of anonymity (such as in opinion surveys to researchers or pollsters).”
So basically he is suggesting that there will be a sudden uprising of people that have been oppressed or suppressed by the prevailing public discourse and trend, causing an “earthquake.” Now consider that, in VC ideology, this translates to “fascists who have been suppressed by the regime of Diversity, Equality and Inclusion and the Woke Mind Virus” will be the “earthquake”. They are looking to start a sudden and catastrophic rise of fascism and themselves as a fascist state.
Additionally, Marc, extremely rudely, quoted the communist revolutionary Lenin, also discussing revolution and sudden change:
“There are decades where nothing happens, and there are weeks where decades happen. — Vladimir Ilyich Lenin”.
Not a single quote from Lenin deserves to be perverted by this criminal, to this I take great umbrage. LEAVE LENIN ALONE. But indeed, Marc has a revolution on his mind. This is something and tactics that they stole from us, by the way. They hate Lenin so much until it is their own time to raise a revolution — theirs, fascist in character — and all of the sudden they’re reading it like it was The Courage to Be Disliked. Don’t worry Ilyich, I will make them pay for this.
And one more tweet, this also speaking to a mindset of sweeping and catastrophic change, “Institutions generally don't reform. They may, however, get replaced.”
This is just to say, that the overall philosophy of sudden change, discontinuous change, that is the hallmark of venture capital technology development, is being applied here in at a vast scale far past its historical meddling.
So, we must ask ourselves, DO the venture capitalists have the ability to cause or create or participate in their own or a wider fascist renaissance or revolution? What CAPABILITIES does venture capital have, that could play a critical role in creating a “sudden change event”, one with catastrophic consequences to us all?
Well. Venture capitalists could crash the American stock market if they wanted to. Their willingness to attack financial infrastructure is highlighted by how they caused a run on Silicon Valley Bank, then absorbed billions of dollars into their crypto banks, of which they have at least 3. Furthermore, the fake “crypto winter” which suggests that significant market manipulation, including through coordinated campaigns, existed to lower the price significantly while major institutional investors and major banks were onboarded at rock-bottom, with rewards paying handsomely now. We can also point to the expansion of Bitcoin as a colonial financial vessel, most clearly illustrated in the case of El Salvador with the incursion of venture capital, but also documented in Nigeria and the recent election of a fascist as president of Argentina; because he had made a pro-Bitcoin statement during his campaign, the news of his election sent Bitcoin up a whole 3%. The point here is that the financial infrastructure of venture capital is being used as an economic weapon in colonial expansion AND is positively correlated with the rise of fascism.
Venture capital can create a crash in the stock market through marketing alone. They can fake or fearmonger a massive economic impact on the tech sector, and then watch as the rest of it craters. Much of their technology is not publicly traded, so they would be safe in large amounts of its portfolio, yet is able to impact the entire industry. Tech stocks are the largest category on the stock market with over 25% of the S&P. A major campaign out of venture capital would drag all of the giants down with it (look what Sam Altman was able to accomplish with Microsoft, just one campaign). And then the rest of the stock market would tank. With complete control of the startup ecosystem, they can easily cause a panic, as that which rippled through Silicon Valley when Founder’s Fund and a16z ordered the bank demolition.
That seems like a big deal.
As we have discussed in previous posts, venture capital also has the ability to turn off and on, or off and on selectively, access to core global infrastructure; we can see this playing out clearly in the Ukraine war and Israel’s genocide of Palestine, with internet access being at the crux. Now imagine you are a venture capitalists and you can flip on and off massive parts of global infrastructure, especially global communications infrastructure, including on the basis of region or area, down to a fine specificity. This includes financial services, healthcare services, delivery services and supply chain infrastructure, and so on and so forth. These can be used in a situation of catastrophic change and with the wealth of data available to them as well as social media data, they are able to target specific groups of people, across platforms — as we’ve seen with Twitter and PayPal bans coinciding. If this becomes even more leveraged in conflict, including in domestic political issues, or is deployed suddenly and catastrophically to the end of a fascist revolution, well, obviously that would be fucking terrible. This also suggests a new kind of warfare which is fought using global infrastructure access held by venture capital and with venture capital as the aggressor.
I *would* suggest that they can interfere with the capital flow to leftists on crypto platforms but I think we all know that the left was too busy making fun of crypto to make sure that our entire fucking political platform, especially grassroots, was uploaded onto Bitcoin, an event which would have changed the financial trajectory of the left; this is a particular point of umbrage with me. However, they still control huge amounts of financial infrastructure such as PayPal most recognizably; they can easily cut giant amounts of financial activity by political group; indeed, in the past, we have seen PayPal freeze money for marginalized people, especially sex workers, as well as for various leftist projects.
On the other side, you have the ability for venture capital to spin up massive amounts of bad actor technologies; they have all the talent in the world they need to create attacks on computer systems while protecting theirs. They can also do huge amounts of attacks on end-users themselves. Basically, they have an open socket to us and they can use and abuse this to a huge range of catastrophic, sudden change scenarios.
I have covered this in more detail in this piece: VC’s New Negotiation Tactic: Sabotage of Global Technology Infrastructure.
Of course, this points us to Twitter. We have already seen significant tampering of the platform, which no longer has real-time, chronological feeds that preserve information integrity in real-time emergencies, with significant suppression of pro-Palestinian voices on Twitter. And certainly Elon, Marc and their merry bandits are already engaged in massive tampering of the platform and its information; this is something that can be easily and effectively leveraged in an “earthquake” moment to totally cut off the left from accessing the global communications infrastructure, as well as instigating, radicalizing and amplifying, as well as creating, the fascistic interests on the platform, which we have also seen. In fact, Elon has been building his own fascist army using algorithmic shenanigans and manipulations of all sorts. Even something less significant than kicking all leftist elements off — like totally suppressing it on the platform while countering with a massive tidal wave of fascism — could create a sudden change in political power, probably reacting to an opening in the world where other global fascist interests can also participate. Yes, we are talking about the possibility of the overthrow of the current geopolitical structures and politics, by fascists, with venture capital providing the infrastructure and financing for much of it.
The other thing they have at their disposal is a large cache of weapons!!! All kinds, pumping out daily from their fleet of dozens of weapons startups, ranging from drones to autonomous war machines of all kinds, artificial intelligence-powered weapons, surveillance systems, rockets, etc. I think it is most likely for these weapons to be used in areas of the global south where venture capital is now invading. They obviously can’t defeat a super power like the USA, although they could absolutely participate in a civil war with them, very clearly aligning themselves with the fascist strands of the Republican party and extreme-right fascists; these elements have already been insurrectionary in character, and with the explicit backing of the venture capital power base, that scenario gets a lot more scary very quickly. My addition is that venture capital could easily play a role in this and has a large role to play and most certainly has a plan for this and other possible outcomes of civil discontent.
So. It is indisputable that venture capital is *capable* of causing and playing a major material role in catastrophic scenarios related to the rise of fascism globally and domestically. It is also indisputable that they have made known their character as fascists, and their character as a body with aspiration of revolution, as well as the establishment of its own state.
And I think we all know they have the will, recklessness, humanitarian disregard, sadism and evil necessary to act on all of this, even with slight notice. One of the things we do in technology is we create “disaster preparedness” plans. This is things like, what happens if a datacenter is indeed hit by an earthquake? What if most of our executives suddenly die? What happens if the stock market crashes, or so and so wins or loses an election? This is reflected as well in tech billionaires building a number of bunkers around the world; they are prepared. This comes with having that kind of money and from enterprises of this size and nature. So if you think that venture capital hasn’t mapped out all possible routes to power, all possible ruptures which can give them an opening to cause a discontinuous change, in this case, fascist revolution, you are naive.
They have everything they need. They WANT to do it. They have the MEANS to do it. They have the INFRASTRUCTURE to do it. They are just waiting for their chance.