The Rise and Fall of Silicon Valley

Brendan O'Neill looks at what is different about the people who now run new capitalism in comparison with capitalists of old. He says there's much more aristocracy, if you will, in Silicon Valley than there was when it was coming up. There's a greater emphasis on credentials and pedigree than there was in the past. Brendan: It seems to me between the leaders of capitalism and everyone else, which wasn't necessarily as pronounced in the past or values shared even between classes.