Tech News

Gavin Newsom’s Recall Election distributes Silicon Valley Elite

[ad_1]

Silicon Valley is the famous place on the left. It has been known that technologists waste their wealth progress in gender equality or eradication homelessness, occasionally very rich people proposing higher taxes …that is, themselves. These generous allowances have recently appeared in support of California Gov. Gavin Newsom, who is now recalling them in September. special elections. Not surprisingly, Newsom has received support from an elite circle of free technology publications, including Marissa Mayer and Eric Schmidt. Netflix CEO Reed Hastings donated $ 3 million to the Stop the Republican Recall of Governor Newsom committee. The California Democratic Party, by comparison, has done so far help $ 2.15 million.

While they oppose efforts to remind donations from the technology and media industries, they are between $ 5.6 and $ 233,000 Which matters—A small group of technocrats but their voices are trying to get Newsom out and show another kind of California. Some, like Lacle co-founder Oracle Ellison, are well-known Republicans, but others have sided with more progressive politics and given to Newsom’s 2018 campaign. Now they see his policy as the enemy of a thriving technology sector.

Chamath Palihapitiya, a venture capitalist and former Facebook executive, recently called California a “non-famous culture of innovation” due to high income taxes and the government’s hand in business regulation. Palihapitiya, who previously backed Democratic candidates like Hillary Clinton and Elizabeth Warren, has sent $ 100,000 to Rescue California, one of the leading groups to be remembered. (He also created a website, chamathforca.com, outlining his political agenda, but clarified that replacing Newsom is not the truth. “Let’s be honest,” he said in his podcast, “I’m not ready to do anything about it.”) David The venture capitalist Sacks, which has backed Newsom in its 2018 bid, has also donated money to Rescue California. Turned on Twitter, “Newsom’s complete failure – in closures, schools, crimes, homelessness, fires,” he noted the reason for the reverse stance. (Neither Palihapitiya nor Sacks responded to WIRED’s emails.)

While Palihapitiya and the Sacks seem to share the common value of the Burning Man-esque ethos in Silicon Valley, their opinions are quite indicative of a wider group. In 2017, Stanford researchers he studied the political attitudes of the technological elite and found them “completely different from any other group”. Researcher Neil Malhotra says wealthy activists tend to be progressive and cosmopolitan, advancing issues such as gay marriage, gun control, and free trade. In addition, they tend to encourage economic redistribution and support social services. Technicians stand out for their willingness to regulate the government, especially when it comes to work. Although they lean to the left in many ways, Malhotra says technocrats are not liberals, but “liberal-tarians”.

For decades the CEOs of technology were completely Republicans, “a fiscally conservative and socially liberal variety that doesn’t really exist,” said political historian Margaret O’Mara and The Code: Silicon Valley and the Remaking of America, he wrote in an email. Since the Clinton era, most technologists have joined the Democrats who played democratically in the industry. The smaller group has remained more intensely libertarian.

“The Valley has always been patient with politics as usual, but its leaders and the donor class as a whole have fallen into two camps,” O’Mara says. In the first camp, those who believe that “government is necessary and need improvement through Silicon Valley-style innovation” are likely to join the Democrats. In the second camp, those who want the government to stay out of their businesses are more in line with Republicans. In the past, these camps were sometimes blurred or behaved according to their own rules. Peter Thiel, one of the most famous libertarians in the Valley, He donated $ 57,400 Newsom’s 2019 campaign. (Since then the founder of PayPal has moved to Miami.)



[ad_2]

Source link

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button