3min chapter

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 Relationship Between Banks and Silicon Valley

Chi Wright: What does it mean when the place that literally holds Silicon Valley's money goes broke? There are of course still many competing answers to that question. But for one observer, it comes as a perversely well timed illustration for an argument he's just spent like 700 pages making. That Silicon Valley and California generally has been a laboratory for the worst of capitalism since its founding.

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