With: Walter Russell Mead
On: Hudson Institute
Join Hudson Institute for a discussion with Joel Kotkin about building middle-class wealth and housing opportunities. Described by the New York Times as “America’s uber-geographer,” Joel Kotkin is an internationally-recognized authority who has published reports on topics ranging from the future of class in global cities to the places with the best opportunities for minorities. His newest book, The Coming of Neo-Feudalism: A Warning to the Global Middle Class, was published in May 2020. Hudson Institute Distinguished Fellow Walter Russell Mead will moderate the conversation.
For most of American history, housing has been the key to middle class prosperity. Starting with the original settlers, ordinary Americans have been far more likely to own their homes than their counterparts in other countries. Homesteaders on the frontier tended to own their own farms and urban workers began moving to the suburbs for inexpensive housing before the Civil War. As the Industrial Revolution brought more people to work in cities, suburban housing became vital for the working class. Today, concerns about “urban sprawl” and the environment have made some policymakers concerned about continued suburban growth, potentially jeopardizing the next generation’s pathway to homeownership and wealth accumulation.
This conversation is part of a series entitled, “The Future of the Middle Class” by Hudson Institute’s Center for the Future of Liberal Society. In this series, Hudson Distinguished Fellow Walter Russell Mead will moderate discussions with thought-provoking policy experts about some of the most pressing challenges associated with rebuilding the economy and promoting the prosperity of America’s middle class.