3min chapter

The Gray Area with Sean Illing cover image

The dark history of Silicon Valley

The Gray Area with Sean Illing

CHAPTER

Is Palo Alto a New Model of Capitalism?

I'm tempted to say that the world our generation inherited was born in Palo Alto, but one of the contributions of your book is this broader history of capitalism as this series of gold brushes. In that sense, Palo Alto is interesting and destructive and unique ways, but very much part of an unfolding, repetitive historical process. And at the same time, it does become the vehicle for a real change and the emergence of a true, for the first time in world history, a true global system of production.

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