M A Hossain,
The public dispute between Donald Trump and Elon Musk represents a stark diagnosis of the late stages of a declining republic, illustrating how America is increasingly managed by a gilded aristocracy of billionaires rather than its elected officials.
The conflict ostensibly began in June 2025 over Trump’s proposed tax plan, dubbed a 'Big Beautiful Bill', which included reductions in federal subsidies for electric vehicles. This move was projected to cost Tesla, a company heavily reliant on government incentives, an estimated $1.2 billion. Musk’s subsequent outrage over federal spending is presented as less about public debt and more about the loss of personal gain, highlighting the profound irony of the world’s richest man—whose wealth is significantly indebted to U.S. taxpayer largesse—decrying a system he has gamed masterfully once it becomes inconvenient.
The feud quickly escalated, with Trump threatening to revisit the billions in federal contracts awarded to SpaceX if Musk continued his criticism, and Musk hinting at Trump's alleged ties to Jeffrey Epstein. This spectacle reveals a profound farce, where crucial matters like tax policy and space exploration hinge not on public deliberation or national interest, but on the egos of two powerful men.
Musk has openly boasted that his support helped Trump win the presidency, interpreted not as the language of a donor but the vocabulary of ownership. Conversely, Trump appears to believe that loyalty from America’s billionaires is his birthright. Both are united by a common belief: that democracy is something to be manipulated, not honored.
While not equally powerful—Musk controls key arteries of America’s economic and technological future while Trump commands a populist movement—both exhibit a shared theatricality, acting more as performers interested in dominating the news cycle than shaping history.
The core issue is that this feud matters precisely because it shouldn’t. In a healthy republic, no single man—let alone two—should be able to leverage space exploration, fiscal legislation, or national prestige as tools in a personal power struggle. National governance, in this context, has devolved into a reality show with real-world consequences.
The American experiment has been hijacked by the barons of capital. The solution, it is argued, is not new leadership or policies, but a cultural revolution of values: a reassertion that the republic belongs to its citizens, not to its tycoons.
This article published at :
1. South China Morning Post, HK: 11 June, 25
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