The Wealthy Influence on Housing Policy and Deregulation
This chapter explores the ongoing housing crisis and its connection to the actions of the wealthy elite undermining democracy for their gain. It highlights the role of bureaucratic red tape in limiting affordable housing development and critiques the 'abundance agenda' as a tool for deregulation that could harm the wider public.
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Episode notes
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
