> > We don't own the means of production

> You're going to have to break that down for a 21st century software developer on a SV messageboard.

I love Wendy Liu's explanation on this, it's the best I've found:

"The Silicon Valley model of technological development is structurally flawed. It can’t simply be tweaked in a more socially beneficial direction, because it was never intended to be useful for all of society in the first place. At its core, it was always a class project, meant to advance the interests of capital. The founders and investors and engineers who dutifully keep the engines running may not deliberately be reinforcing class divides, but functionally, they are carrying out technological development in a way that enables capitalism’s desire for endless accumulation.

Consequently, fixing the problems with the tech industry requires revisiting the economic assumptions that underpin it. If technological development is to be truly liberating, it cannot be funded and developed by an imperial machine, driven by the hare-brained schemes of growth-hungry investors, and owned by a miniscule clique not accountable to broader society.

What’s needed instead is a movement to reclaim technology: to prevent its capture by capital, and direct it towards creating social value. Of course, the tech giants are not going to cede this ground easily. This is why the demand of the future will not be to tame or reform Silicon Valley, but to abolish it. For it to serve society, technology will have to be liberated from the constraints of corporate ownership and subjected to democracy.

If this is hard to imagine, it’s probably because we’re so used to the way technology works in today’s economy that most of us are unable to see beyond its horizons. But it’s time we started seeing Silicon Valley for what it really is: not separate from the economy, and not its saviour, but instead capitalism on steroids. All the negatives we associate with Silicon Valley — useless gadgets that no one needs, companies with billion-dollar valuations going up in smoke, exploitation of precarious workers — are a microcosm of a broader economic system. Abolishing Silicon Valley, then, means more than breaking up a few corporations; it’ll require a fundamental transformation of the economic structures that govern society.

Transformation

In the coming years you’ll read a lot of columns agonising over how to ‘fix’ Silicon Valley. Most will be technocratic, evacuating politics from the discussion. This is, after all, the framing that allowed Silicon Valley to grow so powerful in the first place: a binary choice between technological development on capital’s terms, or remaining stuck in the past. But structural problems require structural solutions. Rather than relying on ‘ethical’ founders or investors to change the system, we need collective action to challenge it.

This will mean undoing the labyrinth of intellectual property rights, which are intended to protect corporations and commodify information. It will mean revisiting the funding model that gave rise to the ‘go-big-or-go-home’ culture responsible for so many wasteful start-ups, shifting away from the return-driven venture capital model, and towards a state-backed social entrepreneurship with public responsibilities.

It will also mean building worker power, within the tech industry and beyond it. Within it, the long-term goal must be a union culture encompassing all workers involved in production. That means not just the highly-paid software engineers but contractors packing boxes for Amazon, or driving for Uber, or cleaning offices in Silicon Valley should all have representation in decision-making structures. And beyond the confines of the industry, a wider-organised labour movement needs to offer resistance to technology being used to facilitate increased worker exploitation through surveillance or regulatory arbitrage.

None of this will be easy, of course. Reclaiming the emancipatory potential of technology will require prying it from the clutches of capital. But that is a worthy fight. If the task of politics is to imagine a different world, then the job of technology is to help us get there. Whether technology is developed for the right ends — for the public good, instead of creating a privatised dystopia — will depend on the outcome of political struggles." [1]

[1] https://tribunemag.co.uk/2019/01/abolish-silicon-valley