Once, the big tech firms embodied American exceptionalism and aspiration. Today, they are strangling these ideals. Government: do something. Even faced with opposition on both sides of the aisle, the oligarchs—those five tech giants that now constitute the world’s five most wealthiest companies—continue to rapidly consolidate economic, cultural, and, inevitably, political power on a scale not seen for over a century.
http://joelkotkin.com/wp-content/uploads/2019/07/Capitol_Hill_tech-influence.jpg768950Joel Kotkin/wp-content/uploads/2017/01/jkotkin_logo.pngJoel Kotkin2019-07-22 09:25:472019-07-22 09:26:12The Tech Oligarchs Are Going to Destroy Democracy – Unless We Stop Them
Single-family homes are the backbone of American aspiration—so why do so many people oppose them? Today, the aspiration of regular people to own homes—arguably one of the greatest achievements of postwar democracy—is fading. But the dilution of this key aspect of the American dream is not the result of market conditions or changing preferences, but rather the concerted effort of planners and pundits.
We live, as the Indian essayist Saeed Akhter Mirza has put it, in “an age of amnesia.” Across the world, most notably in the West, we are discarding the knowledge and insights passed down over millennia
Call it a conservative suicide pact and you won’t be far off. Conservative free-market fundamentalists with disproportionate influence on GOP policy are advancing plans that would divorce capitalism from the small property owners whose pieces of property secure the system’s popular support.
It would be comforting if Nike’s decision to ditch its “Betsy Ross” flag sneakers was exceptional, but, sadly, it is not. Increasingly, many of our most powerful companies eagerly kowtow to the purveyors of political correctness — such as those who compared the revolutionary banner to the Nazi swastika flag or that of the Confederacy.
For the past decade, the soaring stock prices and nosebleed valuations of Silicon Valley’s IPOs and tech sector unicorns has been a boon for California, helping create a record budget surplus of almost $22 billion. Yet this bonanza has occurred just as the state’s overall job creation, once among the country’s leaders, has slowed to a more middle of the road status.
http://joelkotkin.com/wp-content/uploads/2019/07/Googleplex_HQ_sml.jpg400495Joel Kotkin and Marshall Toplansky/wp-content/uploads/2017/01/jkotkin_logo.pngJoel Kotkin and Marshall Toplansky2019-07-08 08:44:072019-07-08 08:45:32California Can't Afford to Be an Economic One-Trick Pony
America was conceived with the highest ideals about humanity — “all men are created equal” — but operated also as a racial republic, where rights were delineated by race, leaving only white males with the full set of powers.
http://joelkotkin.com/wp-content/uploads/2019/07/ta-nehisi-coates.jpg400495Joel Kotkin/wp-content/uploads/2017/01/jkotkin_logo.pngJoel Kotkin2019-07-02 10:45:332019-07-16 14:59:40Reparations and the Racial Republic
In 1920 Europe was home to over half of world Jewry and many of its most creative, dynamic communities; today it contains barely 10% of the world’s Jews. Europe will not become completely judenrein in the near future. But the signs of decline are everywhere and the endpoint to which they lead appears inescapable.
In the past, the right, notably the segment affiliated with religious belief, was closely associated with censorship and control of thought. Today, enforced orthodoxy derives primarily from the left, emboldened by near total control of the media, university curricula and cultural products.
http://joelkotkin.com/wp-content/uploads/2019/06/HarvardYard.jpg400495Joel Kotkin/wp-content/uploads/2017/01/jkotkin_logo.pngJoel Kotkin2019-06-27 08:06:172019-06-27 08:06:17The Rise of the Intolerant Left
The scale of China’s urban migration is staggering; however, authoritarian planning, rising class tensions, and sophisticated population surveillance cast a shadow on the country’s rapidly growing cities.