BlackRock, a major financial institution, has been a topic of interest in the context of German politics. Chancellor candidate Friedrich Merz has been accused of having ties to the company, despite claims that he has severed all connections. In reality, Merz recently gave a speech at a dinner hosted by BlackRock’s CEO, Laurence Fink, at the World Economic Forum in Davos.
The article also touches on the topic of US President Donald Trump’s connections to the tech elite, including Elon Musk, who has been a vocal supporter of the Alternative for Germany (AfD) party. The author raises the question of how Trump has managed to build a coalition of support among the tech elite, despite being an outsider during his first term.
The article goes on to discuss the changing dynamics of the tech elite’s political leanings, from initially supporting the Social Democratic Party (SPD) to now backing more conservative and authoritarian politicians like Trump and Merz.
The author argues that the tech elite’s support for liberal economic policies is often a ruse and that they ultimately prioritize profit and economic power over social and labor rights. The article concludes that the tech elite’s support for authoritarian politics is a means of maintaining their economic power and influence and that this dynamic is not unique to any particular ideology or party.