Honest research & real insights: How Silicon Valley elites view the role of government

Posted by BrettRocketSci 5 years, 3 months ago to Government
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This is a long but very fascinating, honest, and objective article about the philosophical views of the uber-rich and successful people in Silicon Valley. I'm back after a long absence here because I think it's very important for all of us to understand these people -- where they think the world is going and where they want it to go. Not that we should agree with them - but we must recognize they are a strong and growing force in the U.S. I will be eager to read comments but I'm just dropping in for a brief contribution. Hope to get more engaged again here later in 2017 after I get more established in my new home of northern California (not in Silicon Valley but close enough to care). Read the article here: https://www.city-journal.org/html/dis...
SOURCE URL: https://www.city-journal.org/html/disrupters-14950.html

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  • Posted by CircuitGuy 5 years, 3 months ago
    In another comment I mentioned The Second Machine Age. It goes into the ideas in this article, but at the end it concludes that this "superstar" economy will invariably concentrate wealth. There will also be more return on equity and lower labor rates. So he concludes a minimum income is part of the answer. I don't think this is right though. While technology does allow one provider of something, let's say the best teacher, to provide teaching all around the world online; whereas in the past you had to use whatever teachers were in your area. But at the same time, it's easier to start a new business. Someone wanting to start a new steel mill had higher barriers to entry than someone with a new idea to use GPS on phones to track parking places or something. Technological revolutions like the adoption of agriculture or the industrial revolution always shake things up. I'm not ready to accept calls for socialistic policies. But I don't dismiss them as simple "moochers" either. It do opponents of socialism well to learn about this stuff b/c these technological arguments for socialism will increase, and we need to resist them.
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    • Posted by 5 years, 3 months ago
      Yes, thanks. Our big problem is that these arguments are now coming from more of the people who have been the most successful capitalists, in an economic sense. They need an education about human nature and liberty urgently...
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