Bloomberg Businessweek Weekend - January 3rd, 2025

In 'The Contrarian,' Max Chafkin provides a meticulous biography of Peter Thiel, one of Silicon Valley's most influential and controversial figures. The book explores Thiel's singular life and worldview, from his conservative roots at Stanford to his founding of PayPal and Palantir, and his early investments in Facebook and SpaceX. Chafkin also delves into Thiel's political activities, including his support for Donald Trump and his role in the lawsuit that destroyed the blog Gawker. The biography is both a portrait of Thiel and an examination of the broader tech industry, highlighting its explosive growth, power, and the controversies surrounding it.

In this book, John Driscoll and Morris Pearl contend that short-term corporate greed and government policies have led to significant income inequalities in the U.S. They argue that nearly 40% of Americans make less than the cost of living, while economic gains have largely gone to the top 1% and Wall Street. The authors demonstrate how fair pay can break cycles of poverty, boost consumer demand, and strengthen the economy. The book presents a data-informed case and offers a roadmap for a reconfigured economy where fair pay benefits all stakeholders.

In 'Chip War', Chris Miller details how the semiconductor industry has become essential for modern life, influencing military, economic, and geopolitical power. The book explores the historical development of microchips, from their origins in Silicon Valley to their current role in global politics, particularly in the competition between the United States and China. Miller explains how the U.S. dominance in chip design and manufacturing contributed to its victory in the Cold War and how China's efforts to catch up are shaping the current geopolitical landscape.

This book provides a deeply reported and vividly drawn portrait of how Amazon expanded exponentially since the publication of Stone's previous book, 'The Everything Store'. It covers the invention of novel products like Alexa, the disruption of countless industries, and the significant growth of Amazon's workforce and valuation. The book also delves into the evolution of Jeff Bezos, from a geeky technologist to a disciplined billionaire with global ambitions, and explores the trade-offs between efficiency and market dominance.