Notable & Quotable: California Socialism

Excerpted from the Wall Street Journal

This new, greener socialism seeks not to weaken, but rather to preserve, the emerging class structure.

From “California’s Descent to Socialism” by Joel Kotkin in the Orange County Register, June 11:

The oligarchs of the Bay Area have a problem: They must square their progressive worldview with their enormous wealth. They certainly are not socialists in the traditional sense. They see their riches not as a result of class advantages, but…

Read the Full Story at Wall Street Journal