The American Prospect - An Abundance of Credulity
Legal director Sandeep Vaheesan and chief economist Brian Callaci argue that addressing the housing crisis requires more than just deregulation—instead, it demands a stronger state role in reshaping market structures to treat housing as a fundamental right.
In the months before the re-election of Donald Trump precipitated our rapid descent into authoritarianism, two books were being written about the idea that progressivism went astray in the 1960s and 1970s. In Abundance, Ezra Klein and Derek Thompson describe a drift into a “politics of scarcity,” and in Why Nothing Works, Marc Dunkelman calls it a “cultural aversion to power.” Both books ask a pertinent question: Why doesn’t the government do big, bold things, quickly, to address the pressing issues of our time? We have an abundance of viewpoints and veto points, they argue, but a shortage of affordable housing and transmission lines. Something’s got to give.
The unstated question, of course, is who must give. The problems the authors identify are real, but they largely ignore who benefits from prolonging them. Their vision is of a government that’s more responsive to the public’s needs, but their proposal is to remove already inadequate levers for accountability in political decision-making. We should be able to agree that the tools we have to ensure progress and affluence are insufficient, without concluding that the answer is to throw them away. Improving those tools—making them actually fit for purpose—will require keeping them out of the hands of those who would wield them to exploit us. But that discussion is missing from these books.
The authors are haunted by the expediency of unchecked leadership; how rapidly a place can be remade in the hands of a figure like Robert Moses, or governments like China and Texas. The “unresolved question” for Dunkelman is how to speed things up without “licensing a new generation of imperious, unaccountable power brokers.” Klein and Thompson seem less troubled by this possibility. Dunkelman’s optimism is tempered by lessons of history, while Klein and Thompson’s is unrestrained, but both books come to the same conclusion: There are too many people at the table, too many empowered to say “no.” They want to see regulatory requirements loosened, authority centralized, legal recourse limited. They want someone to just choose.
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