To some this might read like conspiracy, but this was what happened.

… valley benefited from much larger forces within the evolution of the US as well as global economy. Yet, it is essential to point out that it was both a cause and effect in this regard. In fact, in some respects it was a prime mover. Following WWII, a small cult of economists, displaced royals, and wealthy elites set out to completely reverse the New Deal political economy that had emerged from the Great Depression and had provided an unprecedented period of shared prosperity for several decades. They are now known by the confusing label of “neoliberalism” (more like neofeudalism), and their grip upon our society is relatively inescapable.
A ECONOMY BUILT ON SAND: Silicon Valley is a Mixed Blessing at Best
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Greg Daneke, Emeritus Prof.
Adebayo Adeniran
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Jan 21, 2025
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To some this might read like conspiracy, but this was what happened.
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Written by Adebayo Adeniran8K Followers
·786 Following
A lifelong bibliophile, who seeks to unleash his energy on as many subjects as possible
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