“Rather than “a capitalism we can believe in”, the Bay Area has become “a region of segregated innovation,” where the upper class waxes, the middle class wanes, and the poor live in poverty that is becoming impossible to break out of. Silicon Valley, as we know it today, has essentially collapsed into “feudalism with better marketing”. ...we are starting to see the unravelling of the precise policies on social justice, climate and taxes that are widely viewed among progressives as role models for the future. These policies have not brought about greater racial harmony, enhanced upward mobility and widely based economic growth. They are not even exemplars in reducing climate change, but, at best, shift the burden of saving Gaia onto the working class while their jobs and resources generate wealth elsewhere.”
Can confirm. The left has destroyed California and they are coming for all of your states next.
“Rather than “a capitalism we can believe in”, the Bay Area has become “a region of segregated innovation,” where the upper class waxes, the middle class wanes, and the poor live in poverty that is becoming impossible to break out of. Silicon Valley, as we know it today, has essentially collapsed into “feudalism with better marketing”. ...we are starting to see the unravelling of the precise policies on social justice, climate and taxes that are widely viewed among progressives as role models for the future. These policies have not brought about greater racial harmony, enhanced upward mobility and widely based economic growth. They are not even exemplars in reducing climate change, but, at best, shift the burden of saving Gaia onto the working class while their jobs and resources generate wealth elsewhere.”
https://unherd.com/2021/02/the-collapse-of-california/