> Why is Musk allowed to be worth half a trillion dollars again? ... An ethical steward of capital he is not.
You answered your question! Capitalism does not optimize for ethical stewards, and has nothing at all to say about morality or ethics. If a scam is profitable, capitalism says "that's okay!". Doesn't matter if it's illegal, immoral, amoral, destroys the environment, or even decapitates people leaving their head bouncing down the highway.
That's why Elon Musk is allowed to be worth half a trillion dollars. The system optimized for it; fraud, deception, and lawbreaking is a competitive advantage under capitalism. Someone has to be worth the most, and under this system, that person is going to be whomever is the most eager to wield his considerable wealth and power to commit crimes and defraud people.
You answered your question! Capitalism does not optimize for ethical stewards, and has nothing at all to say about morality or ethics. If a scam is profitable, capitalism says "that's okay!". Doesn't matter if it's illegal, immoral, amoral, destroys the environment, or even decapitates people leaving their head bouncing down the highway.
That's why Elon Musk is allowed to be worth half a trillion dollars. The system optimized for it; fraud, deception, and lawbreaking is a competitive advantage under capitalism. Someone has to be worth the most, and under this system, that person is going to be whomever is the most eager to wield his considerable wealth and power to commit crimes and defraud people.