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Sort of a unexpected result, isn't it? The more 'egalitarian' companies distribute (massive) amounts of wealth into a (relatively) large number of people, gentr
by arh68 13y ago
Sort of a unexpected result, isn't it? The more 'egalitarian' companies distribute (massive) amounts of wealth into a (relatively) large number of people, gentrifying the entire Valley, and threatening to push the old inhabitants out. Is this egalitarianism? In making the middle managers (or whoever these people are) into millionaires, the divide between billionaires and the layman isn't actually improved: now the gap is even wider.
There is also some curious use of evidence: Obama won Santa Clara by 42% implies "the most dynamic sector .. is now decisively in the camp of the Democrats", but it was only 30 years ago that Reagan won the same county by >10%. The data seems to imply that the county could swing back next election, but the author doesn't seem to appreciate that idea. Why does the author have a hunch that while they temporarily voted Republican, they're truly Democrats at heart?
- TheCoelacanth 13y ago> There is also some curious use of evidence: Obama won Santa Clara by 42% implies "the most dynamic sector .. is now decisively in the camp of the Democrats", but it was only 30 years ago that Reagan won the same county by >10%. Keep in mind that Reagan won the nationwide popular vote by 18%, so winning by 10% in his home state doesn't indicate a strong Republican following there. It just indicates a very one-sided race.