Tag: technoliberalism

Silicon Valley as Ally or Foe? Reflections on the Politics of Income Inequality

The meteoric rise of Bernie Sanders in the Democratic primaries—and the Occupy movement before that—have officially put income inequality on the political radar in the U.S., after years of slow wage growth and a near-catastrophic financial crash. In keeping with the times, Silicon Valley too has begun thinking about inequality. Resident philosopher Paul Graham, venture capitalist and founder of the famous YCombinator startup incubator, wrote an essay on inequality that caused a bit of a ruckus (in Silicon Valley and without). The short version: Graham is not happy with the current rhetorical war on inequality that politicians are waging. He thinks inequality is a natural product of a culture that values startups and innovation, and that a full-scale political fight against inequality is inadvisable. YCombinator recently put out a “Request for Research” to sponsor social science research on Basic Income guarantee schemes. Such a scheme—Silicon Valley’s go-to solution for the rise of inequality and artificial intelligence—would mean every citizen receives a basic income that insulates them from the rise of automation and the progress of technology. (You can apply for the job here.) In this post, I want to reflect on Silicon Valley’s political leanings, which allows me to bring in the fascinating political surveys of start-up founders that journalist Greg Ferenstein has conducted. There are some obvious (and important!) things to say about Graham’s essay and the Basic Income advertisement: that these writings take technology as an autonomous force that shapes society rather than seeing technological change as an outcome of negotiations between interest groups. They are articulations of very Silicon Valley notions of progress. What I really want to talk about, however, is good old-fashioned electoral politics. In the kinds of political alliances and interest groups that will come to define the United States over the next few decades—perhaps as inequality takes an even bigger role in political discourse—could it be possible that Silicon Valley might be an ally for progressive causes rather than a foe (as it often emerges in critical theory analyses)? (read more...)