Khanna argues that tech moguls, including Elon Musk, are forming a dangerous oligarchy by rejecting the role of the state and flouting societal norms. He believes this ideology is more harmful than mere corporate greed, as it undermines democratic institutions and exacerbates wealth inequality. Khanna highlights that state investments, such as Obama-era grants, enabled companies like Tesla and SpaceX, yet these tech leaders fail to acknowledge the state's role in their success.
Khanna criticizes Elon Musk for his lack of financial disclosure requirements and his disproportionate influence on political discourse through social media. He points out that Musk's tweets can reach millions, often spreading misinformation, while factual rebuttals receive far less attention. Khanna also warns against Musk's self-perception as a 'Superman' figure who believes he can solve global political issues, despite lacking expertise in governance.
Khanna sees Elon Musk as a key figure in Donald Trump's political strategy, describing Musk as the 'second most influential person' in Trump's orbit. He believes Trump is drawn to Musk because Musk represents the future and innovation, contrasting with Trump's 1980s-style wealth. Khanna warns that this alliance could harm vulnerable populations and further entrench wealth and power disparities.
Khanna fears that a second Trump administration could lead to politically motivated investigations targeting Democrats, degrading political discourse, and undermining democratic norms. He is particularly concerned about the treatment of undocumented immigrants, citing the story of a dental hygienist who has lived in the U.S. for 25 years but remains underpaid and vulnerable to deportation.
While Khanna aligns with Bernie Sanders on issues like Medicare for All and free public college, he identifies as a 'progressive capitalist' rather than a democratic socialist. Khanna emphasizes the importance of involving business leaders and technologists in economic growth and job creation, which he believes Sanders would view with suspicion. He advocates for a combination of progressive policies and private-sector innovation to build prosperity.
Khanna envisions a Democratic Party that rebuilds trust with deindustrialized communities by focusing on economic growth, innovation, and job creation. He supports higher taxes on billionaires, Medicare for All, and free public college but also stresses the need for a production agenda that includes advanced manufacturing, tech credentialing, and vocational education. He believes this approach can create a majoritarian coalition for the country.