Triumph of the Oligarchs

A new class of overlords are making their bid for world domination.

The Coronavirus has trammeled the prospects of most Americans, particularly low-income workers. But for one small group, the pandemic has proved something like manna from heaven. Already ascendant beforehand, the tech oligarchy—a relatively small number of companies, venture, and private equity funds—are riding the current crisis to unprecedented dominion over our ever-weakening Republic. Read more

The Green Civil War

Like many contemporary social movements—#metoo, Black Lives Matter, the Women’s March—the environmental lobby has tended to create an atmosphere of unanimity. In its struggle to win public and elite opinion, it has frequently evoked “science” as something settled and immutable, warning that those who dissent are either self-serving or seriously deranged.

Yet in recent months, there has been growing criticism about the current green orthodoxy, including from people long associated with environmental causes. Read more

Neo-Feudalism in California

From the beginning, California promised much. While yet barely a name on the map, it entered American awareness as a symbol of renewal. It was a final frontier: of geography and of expectation.
—Kevin Starr, Americans and the California Dream: 1850–1915

In the eyes of both those who live here and those who come to observe, California has long stood out as the beacon for a better future. Progressive writers Peter Leyden and Ruy Teixeira suggested last year that our state is in the vanguard of every positive trend, from racial diversity and environmentalism to policing gender roles. “Cali­fornia,” they said in a post on Medium, “is the future of American politics.”

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The Rebellion of America’s New Underclass

Like so many before them, our recent disorders have been rooted in issues of race. But in the longer run, the underlying causes of our growing civic breakdown go beyond the brutal police killing of George Floyd. Particularly in our core cities, our dysfunction is a result of our increasingly large, and increasingly multi-racial, class of neo-serfs.

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A New Age of Feudalism for the Working Class?

In the past, fears of job losses from automation were often overstated. Technological progress eliminated some jobs but created others, and often better-paying ones. In the early days of the high-tech revolution, many of the pioneering firms—such as Hewlett-Packard, Intel, and IBM—were widely praised for treating their lower-level workers as part of the company and deserving of opportunities for advancement, as well as benefits including health insurance and a pension.

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From tragedy to opportunity: We could live better when today’s mayhem ends

For most people in this locked-down, riot-scarred world, the future beckons unpleasantly. There is a growing sense that, economically, the 2020s may look more like the 1930s than some halcyon post-industrial future. “Dark days ahead,” suggests The Week. “This is what the end of the end of history looks like.”

Yet, beyond the depressing statistics, the deserted malls, the looted or abandoned Main Streets, lies the potential to use the pandemic to create the impetus for better, more sustainable and family-centric communities. This is not just some return — imagined from the security of the high punditry — to a “plainer,” more noble past but actual, meaningful improvements in our daily lives, made largely possible by technology. Read more

Telework, Telehealth & Real Estate After The Pandemic With Dan Young

In the second episode of the Feudal Future podcast, Joel Kotkin & Marshall Toplansky talk with Dan Young about telework and telehealth in the aftermath of the pandemic.

Coronavirus: Why California’s Small Businesses May Not Survive

Whatever the medical benefits achieved from the prolonged coronavirus lockdown, California’s small business community will be suffering severe symptoms, likely for decades to come. The state’s small entrepreneurs, particularly in poorer areas, face major readjustments and perhaps obliteration, a situation further complicated for some by damage stemming from the protests over the killing of George Floyd.

These small firms were already in parlous shape before COVID-19. Despite the immense wealth generated in Silicon Valley and among real estate speculators and the entertainment elite, most of the state’s growth in recent years was in low-end service businesses. As a result, 80% of all jobs created in the state over the past decade paid less than the state median income and half of those well under $40,000, according to Marshall Toplansky, a researcher at Chapman University. Read more

Pandemics and Pandemonium

Minneapolis and urban centers across America are burning, most directly in response to the brutal killing of a black man by a white Minnesota police officer. But the rage ignited by the death of George Floyd is symptomatic of a profound sense of alienation that has been building for years among millions of poor, working class urbanites. The already diminished prospects facing such people have only been worsened by the unforeseen onslaught of the COVID-19 pandemic and the policies devised to combat it. Read more

How Coronavirus Pandemic is Bringing a Return to Feudalism

The COVID-19 pandemic has disrupted many things, but also accelerated America’s descent into a new form of feudalism. The preexisting conditions of extreme economic concentration, inequality and reduced social mobility already were painfully evident before, but the pandemic has made them considerably worse. Read more