On this episode of Feudal Future, hosts Joel Kotkin and Marshall Toplansky are joined by venture capitalist Andrew Romans about the power tech wields today and their responsibility in society.
On this episode of Feudal Future, hosts Joel Kotkin and Marshall Toplansky are joined by geopolitical analyst, Brandon J. Weichert author of Winning Space: How America Remains a Superpower, to discuss a real life version of Star Wars.
For most of the last century, Los Angeles loomed as the next great American city, a burgeoning paradise riding the shift of world power west. It seemed posed to leave New York and London in the dust, the engines of growth inexorable. There was the city’s dominance of the entertainment and aerospace industries, which incited migration from both the rest of the country and abroad, and all this promise was symbolized by a spread of suburban single-family houses that seemed to embody the ideal American dreamscape.
On this episode of Feudal Future, hosts Joel Kotkin and Marshall Toplansky are joined by Hank Adler, Associate Professor of Accounting for Chapman University, and Steven Malanga, City Journal’s senior editor, to discuss Biden’s new tax plan.
Host: Amanda Vanstone
On: Counterpoint
What happened to social democracy? Joel Kotkin reminds us that it was born of the radical Left in Marx’s own time, social democrats worked, sometimes with remarkable success, to improve the living standards of working people by accommodating the virtues of capitalism. Now, he says that in its place, we find a kind of progressivism that focuses on gender, sexual preference, race, and climate change. He takes us through the history of social democracy to today’s progressives and says that arguably the single greatest distinction between social democracy and the new progressivism lies in the word ‘agency’. The original social democrats sought to enhance their economic power by mobilizing grassroots support. In contrast, today’s Left tends to favour rule by experts. They have a preference for censorship and the political repression of uncooperative political tendencies. How did this happen and why?
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Host: Virtual Salon
On: Fieldstead and Company
Fieldstead opened its 2021 salon series with Joel Kotkin, described by the New York Times as “America’s uber-geographer.” Joel is an internationally-recognized authority on global, economic, political, and social trends. His work over the past decade has focused on inequality and class mobility as well as how regions can address these pressing issues. Joel discusses his research findings from his recent book, The Coming Neo-Feudalism: A Warning to the Global Middle Class.
The Democratic Party has always been a loose confederation of outsiders — poor farmers, union members, populists, European immigrants and southern segregationists. As the actor Will Rogers said in 1924: “I am not a member of any organised political party. I am a Democrat.” Yet despite being unwieldy, it was often effective, and usually beat the more homogeneous country-club-led Republicans.
Today, the Democratic Party seems more united, still glowing in the aftermath of the defeat of Trump. But that is just an illusion: Joe Biden’s first hundred days in office are almost up — and the internal conflicts of his party are bound to surface soon.
These divisions are not petty, or merely personal, but based on demands from a number of incompatible constituencies and ideologies. Take the Democrats’s newest supporters: America’s tech oligarchs, Wall Street financiers and urban real estate speculators. They may act “woke” on issues surrounding gender, race and the environment. But such “virtue signalling” is no substitute for the drastic policies pushed by the party’s Left: the confiscation of vast wealth, the break-up of monopolies and the introduction of ever-higher taxes. Big business, after all, is the clear winner in the status quo that the Left, with good reason, despises.
But the impending Democratic civil war is more than, as some conservatives see it, a two-dimensional conflict between “the establishment and the radicals”. Largely ignored in this narrative is the most unappreciated, least articulate yet arguably the largest Democrat-voting bloc: middle and working-class moderates who make up roughly 50% of the party. These voters may often favour populist economics, but remain threatened by the cultural, economic and environmental policies pushed by the other two factions.
All of which leaves Biden in an unenviable position: if he seeks to placate both the corporate woke and the activist Left, the Democrats could sever their last connections with the vast majority of the country, and allow the GOP, even in the wake of the Trump disaster, to recover political momentum.
For what it’s worth, Biden has often been associated with this largely neglected group of what might be called FDR Democrats. His reputation as a moderate “reasonable guy” helped secure the votes of older Democrats, Independents and African-Americans in the recent election. In the primaries, it gave him an edge over both the radical Sanders, whose program frightened many older voters, and the candidates of the corporate elite, notably the well-financed former Mayor of New York, Michael Bloomberg. These voters may be fading in the numbers, but still constitute up to 44% of the total electorate, easily the largest identifiable class constituency.
Certainly, parts of Biden’s program — expanding health coverage as well as investments in basic infrastructure and manufacturing — could appeal to these voters, who are now generally supportive of an activist government. But Biden has also backed measures on cultural and environmental issues that are unlikely to win over the traditional working and middle classes. For example, fracking bans, already endorsed by Vice President Harris, could, according to the US Chamber of Commerce, cost 14 million jobs, far more than the eight million lost in the Great Recession.
Belying his regular guy image, Biden has also expressed support for programmes that would force suburban areas to densify. It is likely few suburbanites, the majority of all Americans, would welcome federal overseers deciding how their communities should be changed. Meanwhile, attempts to force residents out of their cars and into transit, something they were abandoning well before Covid, seems quixotic as well as politically stupid. The President’s Transportation Secretary has even suggested a tax on “vehicle miles” travelled, a measure almost calculated to alienate middle and working-class families outside a few dense urban cores.
Read the rest of this piece at Unherd.
Joel Kotkin is the author of The Coming of Neo-Feudalism: A Warning to the Global Middle Class. He is the Presidential Fellow in Urban Futures at Chapman University and Executive Director for Urban Reform Institute. Learn more at joelkotkin.com and follow him on Twitter @joelkotkin.
Homepage photo: Official White House Photo by Adam Schultz via Flickr under U.S. Government Work.
Host: Nick Cater
On: The Watercooler Podcast by Menzies Research Centre (Soundcloud)
Joel Kotkin warns that traditional middle class aspirations and values such as family, nationhood and home ownership are under threat from a new class of oligarchs.
In this episode of the Feudal Future Podcast, hosts Joel Kotkin and Marshall Toplansky talk with Bheki Mahlobo, specialist in African economics, about the future of Africa’s middle class.
In a world that seems to be divided between neoliberal orthodoxy and identitarian dogmas, it is possible to miss the waning presence of traditional social democracy. Born of the radical Left in Marx’s own time, social democrats worked, sometimes with remarkable success, to improve the living standards of working people by accommodating the virtues of capitalism. Today, that kind of social democracy—learned at home from my immigrant grandparents and from the late Michael Harrington, one time head of the American Socialist Party—is all but dead. This tradition was, in retrospect, perhaps too optimistic about the efficacy of government. Nevertheless, it sincerely sought to improve popular conditions and respected the wisdom of ordinary people.
In its place, we now find a kind of progressivism that focuses on gender, sexual preference, race, and climate change. Abandoned by traditional Left parties, some voters have drifted into nativist—and sometimes openly racist—opposition while more have simply become alienated from major institutions and pessimistic about the future.
Social democracy was a product of the inequities of the industrial era and the consequent solidarity that flourished among working people. This often resulted in greater justice for racial minorities. The German Social Democrat Eduard Bernstein developed an “evolutionary” ideology based on gradualism, practical results, and a commitment to democratic norms. Observing late-19th century Britain, where unions were accepted even in business circles, Bernstein noticed that working conditions, contrary to Marxist dogma, were steadily improving. He believed that the proletariat was evolving from an oppressed underclass into a more upwardly mobile group, whose goal was to find “an appropriate status in industrial society.” For their efforts, Social Democrats were denounced as “social fascists” by Stalin, and Antifa’s predecessors—the German Antifaschistische Aktion—spent at least as much time fighting them as fighting the Nazis. A fatal error.
After the Second World War, however, social democrats enjoyed considerable success while the remarkable productivity of the private sector helped transform the once-forlorn proletariat into something more bourgeois in aspiration. A study covering the United Kingdom, the Netherlands, and the United States shows that all three saw a rapid decline in the concentration of wealth until the 1970s. Their program focused on physical needs such as boosting access to electricity and improving public health and education.
Never before had so much prosperity and relative economic security been so widely enjoyed. By the 1960s, the American labor movement could boast of “developing a whole new middle class,” said Walter Reuther, president of the United Auto Workers. Industrial laborers could afford to buy homes, send their kids to college, and live the kind of life only the affluent had previously enjoyed. Western Europe benefited from the same process—economic growth helped finance a welfare state that provided greater security and improved the prospects of most families; the rapid growth of export industries, in particular, was an integral part of the original Swedish social model of increasing wages without inflation.
Starting in the 1970s, such things as foreign competition, mass immigration from developing countries, automation, and the growing financialization of economic power undermined this progress. In the United States, data from the Census Bureau show that the share of national income going to the middle 60 percent of households has fallen to a record low since the 1970s. Wealth gains in recent decades have gone overwhelmingly to the top one percent of households, and especially to the top 0.5 percent. Social mobility has declined in over two-thirds of European Union countries, including Sweden. Across the 36 wealthier countries of the Organization for Economic Cooperation and Development, the richest citizens have taken an ever-greater share of national GDP while the middle class has shrunk. Much of the global middle class is heavily in debt—mainly because of high housing costs—and “looks increasingly like a boat in rocky waters,” suggests the OECD.
One might assume that this concentration of wealth would energize traditional working class parties—Labour in Britain and Australia, the Liberals in Canada, the Democrats in the US—but they shifted their focus away from blue-collar and lower-middle-class workers. Instead, leftwing parties are increasingly peopled by, and cultivated support from, the well-educated professional class—now an estimated 15 percent of the US work force—along with the corporate elites and academic clerisy. These classes have done well over the past few decades, while the traditional lower-middle and working classes have languished.
Read the rest of this piece at Quillette.
Joel Kotkin is the author of The Coming of Neo-Feudalism: A Warning to the Global Middle Class. He is the Presidential Fellow in Urban Futures at Chapman University and Executive Director for Urban Reform Institute. Learn more at joelkotkin.com and follow him on Twitter @joelkotkin.
Photo credit: Nicolas Nieves-Quiroz via Unsplash under CC0 1.0 License.
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