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Benjamin J. Shestakofsky on How Venture Capital Shapes Work, Innovation, and Inequality

New Books in Economics

CHAPTER

Venture Capital's Impact on Innovation and Inequality

This chapter explores the pivotal role of venture capital in shaping the US economy, especially within the high-tech sector, and its emphasis on rapid growth among funded startups. It highlights the author's firsthand experiences and insights on how venture capital influences workplace dynamics, innovation practices, and exacerbates social inequalities. Additionally, the chapter critiques prevailing narratives about technology's impact on jobs, illustrating the complex interplay between labor, innovation, and the capitalist framework.

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