February 12, 2021
President Biden recently suggested that he wants to "make America California againâ€. Yet before leaping on this particular train, he should consider whether the California model may be better seen as a cautionary tale than a roadmap to a better future in the digital age.
The on-the-ground reality — as opposed to that portrayed in the media or popular culture — is more Dickensian than utopian. Rather than the state where dreams are made, in reality California increasingly presents the prototype of a new feudalism fused oddly with a supposedly progressive model in which inequality is growing, not falling.
California now suffers the highest cost-adjusted poverty rate in the country, and the widest gap between middle and upper-middle income earners. It also has one of the nation’s highest Gini ratios, which measures the inequality of wealth distribution from the richest to poorest residents — and the disparity is growing. Incredibly, California’s level of inequality is greater than that of neighbouring Mexico, and closer to Central American countries like Guatemala and Honduras than developed counties like Canada and Norway.
The Collapse of California
Posted by: Timothy Birdnow at
11:27 AM
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