I personally find it pretty annoying that no one seems to realize Elon and the whole damn Dark Enlightenment behind him is referring to the Doges of Venice and not the meme.
That system is their goal, or at least a version they would like. The recreation of city states ruled by merchant/capitalist princes with near absolute authority, or at least as much as their mercenary army can enforce. They'll take whatever form is convenient, even nationalism, as long as they get to be absolute rulers of their little fiefdoms.
He's not memimg about a fucking dog, he's meming about the peasants thinking he's talking about a fucking dog.