Notes from America with Kai Wright cover image

Of Tech Moguls and Gold Miners: A Capitalist History

Notes from America with Kai Wright

CHAPTER

The Rise and Fall of Leland Stanford

This is late 19th century. This is where people are getting upset with industrialization. Leland Stanford did what a lot of rich people in cities have done when they have to escape the class tensions that they themselves have created. The problem at the time was that the suburbs didn't exist yet. And so he had to invent a suburb to move to, to escape these class tensions. That's how Palo Alto is created.

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