> The reason he and most other startup founders are richer than they would have been in the mid 20th century is not because of some right turn the country took

> The reason he and most other startup founders are richer than they would have been in the mid 20th century is not because of some right turn the country took during the Reagan administration, but because progress in technology has made it much easier to start a new company that grows fast. I would add that what enables such growth is the internet and the easy, instant access it gives to world markets, rather than just your local area.