this post was submitted on 01 Dec 2025
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Yeah. Unfortunately I see a lot of people just writing platitudes like "money makes people corrupt" or "corrupt people make money" without any thoughts on how or why that's a trend. Engelhorn starts of with an insightful point - a typical wealthy life alienates one from most of society, "They're disconnected idiots". This is the kind of wealth where you can pay other people to do any daily work and chores, they have as much understanding of the typical person as most of us do to a Roman citizen - sure we can read some historical facts about them (or gleam a few bits from fictional films), and can try and empathise with what we know about them, but it's ultimately an alien life to us and we'd sure sound ignorant if we tried to write a newspaper for them.
And a reminder, this is only ~44m AUD - at least a lifetime worth of money to us, but as close to one billion as a five dollar note is to a hundred note. And some of the people who own media companies control tens and hundreds of billions - Gina is estimated at $38 billion net worth. These people have strong political power, yet no understanding of the people they rule over.