But to get hired in Silicon Valley you’ll need inordinate talent, ambition, and luck. That’s one side of what economists call “labor market polarization,” or the widening gap between “lousy jobs” and “lovely jobs.” Though the share of highly skilled and unskilled jobs has remained fairly stable, work for the average-skilled is on a decline.27 Slowly but surely, the bedrock of modern democracy–the middle class–is crumbling. And while the U.S. is leading this process, other developed nations aren’t far behind.28
