Trump Damaged
Democracy, Silicon Valley Will Finish It Off
Donald Trump’s rise is,
in a sense, just one symptom of the damage the tech oligarchs are
doing to America.
When Democrats made their
post-election populist “Better Deal” pitch, they took a strong
stance against pharmaceutical and financial monopolies. But they
conspicuously left out the most profound antitrust challenge of our
time—the tech oligarchy.
The information sector,
notes The Economist, is now the most consolidated sector of the
American economy. The Silicon Valley and its Puget Sound annex
dominated by Google, Apple, Facebook, Amazon, and Microsoft
increasingly resemble the pre-gas crisis Detroit of the Big Three....
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