The free market abandoned itself when globalist shitbags in SV and elsewhere recognized that they could amass intergenerational wealth and power by cucking out to the CCP. They justified it to the the rubes by saying that it would enable western values to take root and flourish in the east, when instead they imported the worst aspects of eastern authoritarianism. Which is why you now see Big Tech and Big Finance oligarchs shaping a de facto social credit system like China’s here in the U.S. And also why any right-leaning social media platform ends up exiled from the cloud to poorly funded infrastructure that is held together by rubber bands and duct tape.
SV is not going to be overcome by some glibertarian fantasy about the invisible hand of the market.
Technically, silicon valley is the way it is because we abandoned the free market and allowed government to be intertwined with corporations.
The free market abandoned itself when globalist shitbags in SV and elsewhere recognized that they could amass intergenerational wealth and power by cucking out to the CCP. They justified it to the the rubes by saying that it would enable western values to take root and flourish in the east, when instead they imported the worst aspects of eastern authoritarianism. Which is why you now see Big Tech and Big Finance oligarchs shaping a de facto social credit system like China’s here in the U.S. And also why any right-leaning social media platform ends up exiled from the cloud to poorly funded infrastructure that is held together by rubber bands and duct tape.