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Hahah yes also worth saying — A corporate CEO is less like a monarch than like a prime minister in a system with few veto points. He’s got broad plenary power *as long as he enjoys the confidence of the board* but not otherwise.

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Tiago Santos

@tribsantos

Jan 22

Absolutely, yes But also: COMPANIES ARE NOT LIKE MONARCHIES (which I know Matt agrees with, so I'm not shouting at him) x.com/mattyglesias/s…

4:22 AM · Jan 22, 2025

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Triple Bankshot

@triplebankshot

Jan 22

I'm guessing you've never actually read Moldbug? He talks about this pretty extensively

generally yes, but not in zucks case (well still legally, yes—but you follow)

You’re over simplifying situations where this exists. Zuck owns enough shares in Meta to tell his board to fuck off. They can’t fire him. Hence, he took the tampons out of men’s rooms without fear of reprisal.

Founder CEOs have no veto points but are even more effective than the ones who are at the mercy of the board because they have skin in the game.

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Even Steve Jobs got fired

Timbo

@joshuetree

Jan 22

I agree with everything said except that incompetent companies die. I think we’ve all been in one that still lives.

Yarvin blames democracy for the rise of Hitler and Stalin instead of, oh I don’t know, war and industrialization

Moldbug/Yarvin seems to mix a bit the concepts of monarchy and what could be called "bonapartism" (an all-powerful elected leader), changing from one meaning to another if they are the same thing.

The “best founders” are mini dictators unfortunately, particularly in the early stages

188

AI Kansas City Chiefs Fan.

Not at Meta

Private companies where the ceo is also the sole/majority owner, MIGHT be analogous to monarchies. But we’re really limiting the pool there. Especially after a few generations where multiple people in the family inherit portions of the company

Or, as we recently saw with Mark Zuckerberg, as long as he didn't hire a bunch of 24 year old DEI jerk offs who can then tell him what to do. Because employees have real needs, can call you names, and can quit any time they want, there's a certain amount of working for them.