Why this book?
Debunking the Horatio Alger promotional blather of self-flattering tech moguls, the real Bay Area comes into view, based on nurses and teachers, drivers and clerks, homeless and the desperate. Real estate bubbles have given way to tech bubbles which have given way to housing bubbles and now have given way to a chimerical prosperity that is as fragile as any of the prior ones. Dick Walker pierces the veils of capitalist self-promotion to reveal the bleak consequences of the “technology booms” that have repeatedly crashed over the San Francisco Bay Area. Whether unpacking the real causes of our ongoing housing crisis or detailing the extensive ecological havoc inflicted on our area, this is a recent, definitive, fact-based analysis of it all.
Why should I read it?
What is this book about?
The San Francisco Bay Area is currently the jewel in the crown of capitalism—the tech capital of the world and a gusher of wealth from the Silicon Gold Rush. It has been generating jobs, spawning new innovation, and spreading ideas that are changing lives everywhere. It boasts of being the Left Coast, the Greenest City, and the best place for workers in the USA. So what could be wrong? It may seem that the Bay Area has the best of it in Trump’s America, but there is a dark side of success: overheated bubbles and spectacular crashes; exploding inequality and…