A Quote by Rutger Bregman
From Scotland to India, and from Silicon Valley to Kenya, policymakers all over the world have become interested in basic income as an answer to poverty, unemployment and the bureaucratic behemoth of the modern welfare state.
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I believe that the Welfare State redistributes poverty and reduces income. As Karl Kraus once said of psychoanalysis, the Welfare State is the disease which it purports to cure.
I was in Bangalore, India, the Silicon Valley of India, when I realized that the world was flat.
No politician can praise unemployment or inflation, and there is no way of combining high employment with stable prices that does not involve some control of income and prices. Otherwise the struggle for more consumption and more income to sustain it-a struggle that modern corporations, modern unions and modern democracy all facilitate and encourage-will drive up prices. Only heavy unemployment will then temper this upward thrust. Not many wish to confront the truth that the modern economy gives a choice only between inflation, unemployment, or controls.
Silicon Valley does not breed great technology. Instead, the smartest people from around the world tend to move to Silicon Valley.
A lot of the geeks in Silicon Valley will tell you they no longer believe in the ability of policymakers in Washington to accomplish anything. They don't understand why people end up in politics; they would do much more good for the world if they worked at Google or Facebook.
The poverty line in the U.S., for example, has nothing to do with the poverty line in India. It is a relative poverty line. It is reset from time to time but it is related to U.S. median income, so if I set that to be the absolute poverty line everyone in India would essentially be poor.
Sometimes, in Silicon Valley, there is this attitude that we know best and we can change the world. The boldness allows us to invent the future. But, we need more empathy for those who are left behind and a recognition that Silicon Valley can't just call the shots and expect change.
Japan will change. Let's create a country where innovation is constantly happening, giving birth to new industries to lead the world, when I visit Silicon Valley I want to think about how we can take Silicon Valley's ways and make them work in Japan.
Silicon Valley, after all, feeds off the existence of computers, the internet, the IT systems, satellites, the whole of micro electronics and so on, but a lot of that comes straight out of the state sector of the economy. Silicon Valley developed, but they expanded and turned it into commercial products and so on, but the innovation is on the basis of fundamental technological development that took places in places like this [MIT] on government funding, and that continues.
I've been reading a lot about Silicon Valley history recently and was struck by just how core the lack of unions has been to the American tech industry's evolution. It's enabled the constant creative destruction that keeps Silicon Valley relevant and thriving in a rapidly changing world.
I'm probably the worst Silicon Valley insider ever. I don't hang out with Silicon Valley people.
For every challenge we face - unemployment, poverty, crime, income growth, income inequality, productivity, competitiveness - a great education is a major component of the solution.
What created Silicon Valley was a culture of openness, and there is no future to Silicon Valley without it.
I'm a Silicon Valley guy. I just think people from Silicon Valley can do anything.
In the ideology of the new Silicon Valley, work was for the owned. Play was for the owners. There was a fundamental capitalism at work: While they abhorred the idea of being a wage slave, the young men of Silicon Valley were not trying to tear down the capitalist system. They were trying to become its new masters.
The first issue that compelled me was a very strange split between India being highly development scientifically (we were the third biggest scientific manpower in the world then) and yet at the same time struggling with amazing poverty. The linear equation that says that modern science equals progress and the reduction of poverty did not apply to India. It wasn't working.
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