Stephen DeBerry: Why the "wrong side of the tracks" is usually the east side of cities
Stephen DeBerry uses the economy and culture to build a more just and joyful society. Full bio
Double-click the English transcript below to play the video.
that's oddly separated
that runs through Silicon Valley.
in Palo Alto are the "haves,"
you can think of:
are the "have-nots."
of eastside disparity,
of the railroad tracks in East Pittsburgh
East Oakland, East Philly.
economic and environmental margin
from the North Pole,
counterclockwise.
and the southern hemispheres
as the rotation of the Earth --
you've got to keep everyone warm.
the smoky wind blowing in their face?
is what's playing out in cities,
but all around the world:
of Paris is this way;
where we're sitting right now,
is East Vancouver.
of economic historians in the UK
smokestack dispersion.
conclusion mathematically
marginalized communities to the east.
and that's become part of our culture.
what I'm talking about
from the "wrong side of the tracks."
that wind would blow dirty train smoke --
in the east is on the margin,
on the margin is in the east,
about disparity by design.
talking about any cardinal direction
an eastside community.
a natural phenomenon.
that we make to separate ourselves
eastside community in the United States
of legal segregation.
for the benefit of everyone,
with issues like redlining.
literally created maps
the red tends to be clustered
became a self-fulfilling prophecy:
into low property tax base
and a less well-prepared workforce,
can't qualify for a loan.
decisions on any number of issues,
grocery stores versus liquor stores,
we design and fund technology products.
primitive selves.
we'd want to be remembered,
what we've been doing
for the last century.
it doesn't have to be this way.
this eastside dilemma
with good design.
of good design is actually really simple:
to design for the benefit of everyone.
maybe we just sit in a horseshoe,
to the gentrifiers,
of this image is not to say
and just move people out of the way,
of benefiting everyone,
more obvious than you assume.
to close this gap
in Silicon Valley?
of starting with EPA [East Palo Alto].
the epicenter of innovation
it ought to be here.
to other eastside communities.
a massive investment opportunity
policy change and philanthropy.
fundamental design principle,
to decide to take care of everyone.
in the world in this building
What are we designing for?
this is not the industrial era.
of legal segregation.
there is no wrong side of the tracks.
and our communities with that in mind.
ABOUT THE SPEAKER
Stephen DeBerry - Anthropologist, venture capitalistStephen DeBerry uses the economy and culture to build a more just and joyful society.
Why you should listen
Stephen DeBerry runs Bronze Investments, an investment firm built to benefit Eastside communities -- places on the social, economic and environmental margin by design. He is a 20+ year Silicon Valley veteran, having worked as an entrepreneur and investor for the founders of Microsoft, eBay and Lotus Software. He's on a mission to use tech and for-profit business for good.
DeBerry has also been active on boards such as The California Endowment, where he helped oversee its $4 billion endowment and Planned Parenthood Federation of America, where he currently chairs the Investment Committee. He curates The Record House, an art project in East Palo Alto that connects the Silicon Valley community with visitors from across the country to connect while building one of the world’s most interesting record collections.
DeBerry earned a bachelor's degree in anthropology with highest honors from UCLA as well as Master's in social anthropology and MBA degrees from The University of Oxford. He is a Marshall Scholar and Aspen Institute Henry Crown Fellow who Ebony Magazine and The Root/Washington Post named one of the 100 most powerful African-Americans in the United States. DeBerry has been a national champion hurdler and adventure athlete who was a member of the first African-American mountaineering team to ascend Denali, the highest mountain in North America. The film An American Ascent documents that expedition. He lives in the San Francisco Bay Area with his wife and two daughters.
Stephen DeBerry | Speaker | TED.com