Based16z says billionaires became targets in a society obsessed with who gets to consume more “‘Eat the rich’ politics, antisemitism, nationalism and pro-communism are classic historical responses to a more volatile society. These reactions are not new, and they are probably making things worse.” “Today, we have attached almost every moral judgment to money and online status.” “Someone who makes a lot of money on a trade can convince themselves that everything they say is true. At the same time, wealth becomes a visible evil for others to fight.” “Marxism was built around production and seizing the means of production, but we now live in a consumer-first society whose value system is barely about producing anything.” “Elon Musk appears focused on what society can produce, while most people structure their aspirations around consuming at someone else’s level.” “Modern class anger becomes: ‘I deserve to consume too, you consume too much, and your billionaire status is the focal point of my anger.’”