Silicon Valley wants cheap labor. Americans invented everything that made Silicon Valley great. The Bill Gateses of the world got theirs and now they want labor on the cheap - exactly like the railroad barons of the Gilded Age who pulled in cheap labor from around the world. If you know history those a$$holes were in tight with the government too. The difference now is that today’s a$$holes are operating in a welfare state with a fiat currency which means they can transfer the costs onto taxpayers. Americans after the Civil War often hated the railroads. Meet the new boss, same as the old boss.
Very interesting observations! Thanks for your thoughts.
In some ways, it seems like you are defining crony capitalism in different terms.