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Culture War Roundup for the week of August 21, 2023

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Tonight, mainstream audiences around the nation will be introduced to Vivek Ramaswamy - multi-disciplinary genius, serial entrepreneur, modern renaissance man, and nigh-messianic wünderkind who in this commenter’s humble opinion offers our beleaguered country’s best hope of national redemption

The story of Vivek is the story of the American Dream par excellence. A first generation American, Vivek was born to industrious immigrants who came to this land with nothing and went on to become a geriatric psychiatrist and engineer / patent attorney, respectively. Vivek’s giftedness shone through from the start, overcoming severe bullying - to the point of being hospitalized + needing surgery after being thrown down a flight of stairs - to become an accomplished pianist, nationally ranked tennis player, and class Valedictorian by time he left high school to attend Harvard via scholarship

Thriving among the nation’s intellectual elite, Vivek became President of Harvard’s Political Union (as a conservative!), won the Ivy’s prestigious Bowdoin prize for his senior thesis, and graduated summa cum laude with a degree in biology whilst working for top hedge funds in the biotech investment sector, all while moonlighting as as a rapper (Da Vek) and making club appearances as an amateur stand-up comedian while publishing scientific articles in the nation’s top papers and founding a 7-figure networking business. Upon graduating, Vivek made partner at a major hedge fund while simultaneously attending Yale Law School on a lark, having earned $15M by the time he graduated with his J.D. with a scholar’s grounding in the principles of Constitutional governance

Shortly after, Vivek founded a revolutionary biotech company that created a paradigm shift in pharmaceutical development. Developing an ingenious business model that leveraged market forces to determine the promise of various drug candidates (by spinning off a new company for each treatment and holding IPOs) he cut through the pharmaceutical bureaucracy to develop 5 FDA approved drugs (including life-saving treatments) in under a decade. His company, Roivant, is now worth over $9 Billion(!), with Vivek maintaining an approximately $650M stake

Vivek left his company following internal and external pressure to make a corporate statement in favor of the controversial - and in his view - socially corrosive #BLM movement, during a period in which nationwide race riots killed dozens, caused $2 billion in damages, and coincided with an enduring crime surge with an immediate ~30% homicide increase that represented the largest year-to-year murder spike in our nation’s history. Choosing to stand on principle rather than genuflect to the reigning hysteria, Vivek went on to write 3 best selling books in 18 months exposing the pernicious spread of radical left wing ideology throughout the corporate world. One such book shone a light on the ESG movement by which asset managers BlackRock, Vanguard, and State Street leverage the assets of everyday Americans to force partisan political agendas across the nation’s corporate boardrooms. Not satisfied to merely expose this undercovered movement, Vivek started his own asset management firm, Strive, that serves as a counterbalance to the major institutional players and their attempts to politicize the very free market itself. (Strive currently approaches $1billion under management.) Simultaneously, he founded another company, Chapter, to help citizens navigate the federal bureaucracy with regard to Medicare, all while raising two young children with his loving and accomplished (surgeon!) wife

A fearless iconoclast, intellectual titan, and charismatic orator, Vivek has now taken on the audacious goal of becoming our country’s next President. Swearing off Super PACs and institutional backers, Vivek has self-funded an ambitious campaign, seizing upon earned media to make a name for himself despite virtually no ad expenditures by appearing on a litany of podcasts and programs across the political spectrum. This young and daring patriot - the first millennial to run for President - boldly aired his policy briefings as almost daily podcasts to give every day Americans insight into how the political process truly works. With a uniquely invigorating platform, full of heretofore unthinkable ideas, Vivek has thrown conventional political wisdom to the wind in the name of running a campaign centered on truth and national revival

Encouragingly, this dazzlingly bright young maverick has found his message resonating with the electorate, surging to third place in the all important race for the 2024 Republican nomination. Polling ahead of sitting senators, former governors, and even a former vice president, Vivek as a Hindu, dark-skinned political neophyte has already achieved the impossible and situated himself as the arguable heir apparent to the American nationalist movement

Tonight he makes his true debut on the national stage and makes his case to take on the political establishment, impose constitutional limits to a federal bureaucracy run amok, and restore a unifying sense of national purpose. Excited to watch - stream on Rumble at 9pm Eastern

https://rumble.com/v3ak5c2-fox-news-republican-presidential-primary-debate.html

I don't much care if all this stuff is true and I suspect Americans won't either. Certainly not Republicans, unfortunately. Red anti-intellectualism or, perhaps, anti-smartassism is real; you'd better be able to own the other guy in a debate, but you cannot make it look as if you're showboating at the expense of your diploma-less audience. Ben Shapiro with his quick debate bro tongue is Facebook meme material, not POTUS material, likewise for a clever, dweeby man like Vivek. He needs edge other than apparent competence and sharpness, or #1 and #2 to do themselves in.

It'll be funny if he makes it, though. Imagine Vivek vs Kamala (as Biden declines further): total Brahmin victory. A tiny (there are, what, 2 million Tamil Brahmins?) subrace bred for verbally justifying their authority in a casteist society seize political power in an antiracist democratic society. What could be more surprising?


Edit: Wiki on his drug adventures

In 2015, Ramaswamy raised $360 million for the Roivant subsidiary Axovant Sciences in an attempt to market intepirdine as a drug for Alzheimer's disease.[31][39] In December 2014,[40] Axovant purchased the patent for intepirdine from GlaxoSmithKline (where the drug had failed four previous clinical trials) for $5 million, a small sum in the industry.[32] Ramaswamy appeared on the cover of Forbes magazine in 2015, and said his company would "be the highest return on investment endeavor ever taken up in the pharmaceutical industry."[32][39] Before new clinical trials began, he engineered an initial public offering in Axovant.[32] Axovant became a "Wall Street darling" and raised $315 million in its IPO.[40] The company's market value initially soared to almost $3 billion, although at the time it only had eight employees, including Ramaswamy's brother and mother.[32] Ramaswamy took a massive payout after selling a portion of his shares in Roivant to Viking Global Investors.[32] He claimed more than $37 million in capital gains in tax year 2015.[32] Ramaswamy said his company would be the "Berkshire Hathaway of drug development"[3] and touted the drug as a "tremendous" opportunity that "could help millions" of patients, prompting some criticism that he was overpromising.[32]

In September 2017, the company announced that intepirdine had failed in its large clinical trial.[32][41] The company's value plunged; it lost 75% in one day and continued to decline afterward.[32] Shareholders who lost money included various institutional investors, such as the California State Teachers' Retirement System pension fund.[32] Ramaswamy was insulated from much of Axovant's losses because he held his stake through Roivant.[32][40] The company abandoned intepirdine. In 2018, Ramaswamy said he had no regrets about how the company handled the drug;[40] in subsequent years, he said he regretted the outcome but was annoyed by criticism of the company.[32] Axovant attempted to reinvent itself as a gene therapy company,[42] but dissolved in 2023.[32]

In 2017, Ramaswamy struck a deal with Masayoshi Son in which SoftBank invested $1.1 billion in Roivant.[32] In 2019, Roivant sold its stake in five subsidiaries (or "vants"), including Enzyvant, to Sumitomo Dainippon Pharma;[43][32] Ramaswamy made $175 million in capital gains from the sale.[32] The deal also gave Sumitomo Dainippon a 10% stake in Roivant.[44][43]

While campaigning for the presidency in 2023, Ramaswamy called himself a "scientist" and said, "I developed a number of medicines."[32] Although his undergraduate degree is in biology, he was never a scientist; his role in the biotechnology industry was that of a financier and entrepreneur.[32]

In January 2021, Ramaswamy stepped down as CEO of Roivant Sciences and assumed the role of executive chairman.[43][44] In 2021, after he resigned as CEO, Roivant was listed on the Nasdaq via a reverse merger with Montes Archimedes Acquisition Corp, a special purpose acquisition vehicle.[45] In February 2023, Ramaswamy stepped down as chair of Roivant to focus on his presidential campaign.[32][46]

Ramaswamy remains the sixth-largest shareholder of Roivant,[32] retaining a 7.17% stake.[47] Roivant has never been profitable.[45]

etc. I'd say this is not worse than I expected but it's certainly not the miracle success story you've painted. If anything, I'd say it calls for investigation.

It'll be funny if he makes it, though. Imagine Vivek vs Kamala (as Biden declines further): total Brahmin victory. A tiny (there are, what, 2 million Tamil Brahmins?) subrace bred for verbally justifying their authority in a casteist society seize political power in an antiracist democratic society. What could be more surprising?

Oh man, this may be the most hilarious turn of events in history if it does happen. I love the narrative arc here, utterly ridiculous.

What would be even better is if he turns around after winning and goes full race-realism - says he won because he's genetically superior. It'll never happen, but man the irony there would be impossibly thick.