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  • Sep 21 2013: I want to also note the paradox of multi-ethnic Silicon Valley. Yes, there are lots of Chinese and Indian immigrants involved, but at the same time Latinos, African Americans are under-represented in the quality jobs. If such persons are put in the low-waged or even low-tech track, they might not get into the more qualified jobs. Of course, if cities created procurement policies to support socially responsible businesses that created ladders into qualified jobs and were cooperatives networked with universities like Stanford, MIT, and Columbia, etc., you might be able to change the paradigm. We have to go back to some basic, old-fashioned ideas, e.g. the fight against inequality. Surely there is a technological economic development paradigm that responds to the ideas of the 1% vs. the 99%, although the idea of the 99% does not capture what I am talking about regarding labor market segmentation, etc.

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