Support the fact-based journalism you rely on with a donation to Marketplace today. Give Now!

The ‘state’ of Silicon Valley

David Brancaccio Feb 12, 2014
HTML EMBED:
COPY

The ‘state’ of Silicon Valley

David Brancaccio Feb 12, 2014
HTML EMBED:
COPY

Timothy Draper has a crazy idea. The noted tech venture capitalist is pushing a ballot initiative to break California into six separate states

The plan, which has just been announced and is on no ballot yet, would turn Silicon Valley into a state unto itself (image via TechCrunch): 

 Draper said that California is “ungovernable” and as a constituent, he doesn’t feel like he’s getting a very good service for the amount of money he gives to the government.

“We pay the most for education and we’re 46th. We pay among the most for prisons and we are among the highest recidivism rate,” says Draper. “So we have a failed state.”

Draper believes the solution to this issue is to create something new.  He said creating “Six Californias”would allow those “states” to cooperate with each other but still have to compete with constituents. He said this way, states would have no choice but to improve. While it may sound similar to a secessionist movement, Draper wants to make it clear that he never has and never would support a secessionist movement in California.

“I always have felt that it’s best to try and improve something by being in it. Than it is by trying to throw grenades at it,” says Draper. 

 

There’s a lot happening in the world.  Through it all, Marketplace is here for you. 

You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible. 

Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.