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b'From the Atlantic:\\nIt\\u2019s Jeff Bezos\\u2019s Planet Now\\nOn Monday, Jeff Bezos announced the creation of the Bezos Earth Fund, which will disperse $10 billion in the name of combatting climate change. The fund is a triumph of philanthropy\\u2014and a perfect emblem of a national failing.\\nOr rather, a series of national failings. In a healthy democracy, the world\\u2019s richest man wouldn\\u2019t be able to painlessly make a $10 billion donation. His fortune would be mitigated by the tax collector; antitrust laws would constrain the growth of his business. Instead of relying on a tycoon to bankroll the national response to an existential crisis, there would be a national response.\\nBut in an age of political dysfunction, Bezos has begun to subsume the powers of the state. Where the government once funded the ambitious exploration of space, Bezos is leading that project, spending a billion dollars each year to build rockets and rovers. His company, Amazon, is spearheading an experimental effort to fix American health care; it will also spend $700 million to retrain workers in the shadow of automation and displacement. Meanwhile, swaths of the federal government have contracted with Amazon to keep data on the company\\u2019s servers. Bezos is providing the vital infrastructure of state. When Amazon locates its second headquarters on the Potomac, staring across the river at the capital, it will provide a perfect geographic encapsulation of the new balance of power.\\nSend an email to nate@goodmorningliberty.us to join the Trading class!\\nListen to pre and post show content on Patreon.com/goodmorningliberty\\n\\n--- \\n\\nSupport this podcast: https://anchor.fm/goodmorningliberty/support\\nLearn more about your ad choices. Visit podcastchoices.com/adchoices'