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this post was submitted on 11 Jun 2026
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A lot of very wealthy people understand dialectical materialism somewhat instinctively, because it is important to understand the way money works to keep it and make more of it.
They might not even know Marx, but their lived experience has taught them what is already apparent in Capital.
She was born in Revachol and probably studied economy.
I know a economic major, her curriculum included Das Kapital and she still became an Ultralib. Really into Hayek. Might be a Europe thing.
I also set next to a table of some Spanish economists (one of them literally said "we are all economists" to the group. I guess they weren't actually all Spanish because then they wouldn't have been speaking English) in a Korean restaurant a few days ago. They were talking shit about the Sandinistas and about how corrupt African countries are because the company one of them worked for bribed some officials and made a project bigger than necessary. Sort of Joyce vibes too.
She's also an negotiator and knows how to talk to people. Knows how to talk to Union bosses. So it shouldn't be a surprise she knows how to talk to the big communism builder.
It's not instinctive (in general), it's an important element of their "job" besides owning things. They need to know how to defuse or redirect (and then defuse) populist movements.
I mean instinctive because it is not structured the same way that studying dialectical materialism from a Marxist framework would be. You kind of just pick it up by owning shit and being halfway competent at it.
I think that you might be impressed by the level of detailed instruction higher-level managers and the like sometimes get in terms of undermining organizing, promoting false consciousness, etc. There are silly franchisees, careless nepo babies, and nouveau riche rentiers who don't get the same level of education on the topic, but I don't think the machine could maintain itself if everyone was like them (even to the degree that it does, as it bleeds slowly to death before our eyes in part because of those incompetent subgroups).
I agree that, for petty bourgeois people who succeed, there's probably a large element of tacit knowledge and such rather than explicit knowledge (though they too are capable of research).
Anyway, I just wanted to present some points to consider.
Sure, but the super wealthy don't. In part because large amounts of money changes your brain. Look at the billionaires that are politically engaged, even Peter Thiel, scary as he is, doesn't really understand how the world works.