Posts Tagged ‘Greg Ferenstein’

Silicon Valley’s agenda for the Democrats

January 27, 2016

The kinds of Democrats who go to college, get an entrepreneurial career or move to a big city — those who embrace a relatively unpredictable life — want an entirely different role for the federal government: they want the state to invest in modernization, with more high-skilled immigration, expansive free trade agreements, and performance-based charter schools.

Source: The Ferenstein Wire.

Startup founders and college-educated liberals fundamentally reject an atomistic conception of Society: government should be involved in personal decisions, such as finishing school or eating healthy, because they believe that personal decisions ripple out and significantly affect most people in Society.

Source: The Ferenstein Wire

Economically, the technology industry exacerbates inequality between the rich and middle-class, but eradicates poverty by making essential goods freely accessible.  Ultimately, this will trend toward a two-class society of extremely wealthy workaholics who create technologies that allow the rest of society to enjoy leisurely prosperity.  The cost for this prosperity will be inequality of influence

Source: The Ferenstein Wire.

Click to enlarge.

Click to enlarge.

A San Francisco journalist named Gary Ferenstein says the Democratic Party is no longer the party of factory workers and organized labor.  It is the party of college-educated professionals and high-tech companies, he says, and this is a good thing.

He has published a manifesto on behalf of the Silicon Valley Democrats—which include Barack Obama and Hillary Clinton—and against “protectocrats” such as Bernie Sanders and Elizabeth Warren.

While not all Silicon Valley entrepreneurs and professionals think alike, any more than labor union members, white people or any other large category of people do, I think that Ferenstein does speak for many people from that background, and that his ideas are worth discussing.

His basic idea is that the government should give free rein to creative entrepreneurs, while trying to change individual behavior so as to make people more productive.  The high-tech start-up corporation is his model for all the institutions of society.

Unlike the typical neo-liberal, he does not advocate allowing people to fend for themselves.  Government should assure everyone an adequate education, adequate medical care and everything else they need to be economically productive.

Click to enlarge.

Click to enlarge.

He believes that the key to better education and better public health services is internal competition.  He therefore favors Obamacare over a universal single-payer system, and charter schools over universal public education.

This is a form of radicalism that has appeared time and again in modern history—a radicalism that would revolutionize the way people live, yet leave the structure of political and economic power unchanged.

Ferenstein asserts that change is always good, there are no fundamental conflicts in society and education is the solution to all problems.  Nobody struggling to survive in today’s harsh economy would believe any such thing, but I’m sure that there is a constituency that does.

He deserves credit for making that constituency’s assumptions explicit, and showing how they influence the Democratic Party leadership.

What follows is more of Ferenstein’s Silicon Valley manifesto, my comments and links to the full text of his writings.

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