This chapter explores the contentious mansion tax aimed at California's wealthiest and critiques the disproportionate influence of wealthy donors on housing legislation. It examines the intersection of corporate interests and housing policy while hinting at deeper systemic issues and future discussions on viable solutions.
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In the book Abundance, left liberal authors Ezra Klein and Derek Thompson identify unnecessary bureaucracy and red tape as an important factor in why there is a shortage of housing across the USA.
Very quickly, billionaires and powerful donors have rallied to fund American politicians who campaign on an “Abundance Agenda”.
Why is big money so excited about Abundance? What will happen if the “Abudance Agenda” that they’re funding is adopted by the U.S. Democratic party?
00:00 Introduction
01:39 Bloodbundance: the analogy
07:50 IRL
08:47 The Abundance book thesis
11:03 Who’s supporting the “Abundance agenda”?
12:06 Why zillionaires support the “Abundance agenda” trojan horsery
15:50 Neoliberalism vs Welfare Capitalism vs. Fascism
19:40 Divide and conquer, blame democracy
22:41 The “Abundance agenda” in action: California
