this post was submitted on 30 Nov 2023
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Yeah, but the fact it brought down some powerful people doesn't mean it threatened the system as a whole. Things like Me Too become threatening to the system when they become widespread and ubiquitous and there's a perception the ruling class isn't interested in fixing it up. Also, many upper class people, particularly of course women, are survivors and are not interested in being further endangered by rape culture, so there was support from within the upper echelons about Me Too.
I'm not saying that's a bad thing, I'm saying that's a little perpendicular to the whole question of whether or not Twitter was some kind of revolutionary working-class institution before Musk bought it. It was an influence marketplace. Everybody used it to buy and sell influence. Including progressive movements, and fascists. This had good, and bad, effects, and we shouldn't put it on a pedestal.
Musk bought it because he likes to very publicly fuck around with stock prices illegally, there's been years of back and forth between him and the SEC over this. This is the man who tried to manipulate the stock price of Tesla to $420.69 a few years ago because he thought it would be funny and got charged with fraud by the SEC, then proceeded to use SNL to do a crypto pump-n-dump in real time on national television.
His bluff just got called this very latest time, so he was forced to make the purchase, and he's an idiot fascist.
In reality, all the influence peddling and agitating is just moving to other platforms, and things will be more or less the same as they were after Twitter, sorry, "X" collapses.