Ezra Klein and Derek Thompson on the abundance agenda and liberals - Housing 🏠, Energy ⚡️, Infrastructure 🚊, Transportation 🛣️, etc

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part 2:

Leave arguments over the specifics of Mamdani’s program to another day. As Klein and Thompson both noticed, his desire to build and create — including housing and a system of city government-owned grocery stores — and the arguments he makes echo Abundance’s hope of rebuilding government’s capacities.

Mamdani told Thompson in an interview that as “someone who is very passionate about public goods, about public service, I think that we on the left have to be equally passionate about public excellence. And one of the most compelling things that I think ‘Abundance’ has brought into the larger conversation is how we can make government more effective, how we can actually deliver on the very ideas that we are so passionate about.”
The left, he said, needed to recognize “that any example of public inefficiency is an opportunity for the argument to be made against the very existence of the public sector.” The thing the left relies on has to work.


A campaign poster for Democratic mayoral candidate Zohran Mamdani on June 26 in New York. (Yuki Iwamura/AP)
Arguments about the need to “reinvent government,” of course, go back to President Bill Clinton and Vice President Al Gore, and finding the right balance between the state and the market is a perennial imperative not only for the center but also among social democrats, democratic socialists and progressives of all kinds.

For decades, the broad left across the democracies have labored to find the right recipe for what is often called “the mixed economy.” It’s the entirely sensible idea that prosperity depends on both smart, egalitarian action by a not-all-powerful government and a dynamic market operating within sensible limits.

Too much state — and the dynamism disappears. Too much market — and both wealth and power get concentrated among the richest. When economic gain takes priority over all sorts of other competing goods, from clean air and clean water to the dignified treatment of every citizen, a lot gets lost. And excessive deregulation can lead to such calamities as the financial crisis of 2008.

What’s different about the Abundance argument is that its focus is not just on how the state regulates the market, but also how extensive rules for consultation, public participation and various social and environmental protections can inhibit government action itself. As Klein and Thompson write: “Over the course of the twentieth century, America developed a right that fought the government and a left that hobbled it.”

A lot of truth there, but the Trump/Musk/Project 2025 push for deregulation has created an awkward problem for Abundance champions. It’s one thing for the Abundance crowd to argue when Democrats are in power that environmental and other rules need to be smarter and more flexible. It’s another to do this when Trump is trying to toss them out altogether. In a Washington Monthly essay on Klein and Thompson’s book, Zephyr Teachout, a prominent progressive law professor and a leading advocate of a tough antitrust push, argued that “it would be very easy to take their critique as a muffled call for deregulation writ large.”
This is the baby/bathwater issue Team Abundance needs to deal with. Klein and Thompson acknowledge that we have cleaner air and water thanks to the regulatory push in the 1970s. We also don’t want planners and technocrats to be as unaccountable as many of them were in the 1950s and 1960s. New York’s visionary but imperious city planner Robert Moses is the prime historical villain. So which rules do they want to get rid of and which do they want to keep?

“In assembling a brief against creaky and costly aspects of the status quo,” Noah Kazis, a University of Michigan law professor, wrote of their book in the Guardian, “it leaves unanswered the question of what should be kept – which costs are worth it.” The success of the Abundance agenda will depend on the details.
This gets to the broader challenge Abundance advocates face from the left: By placing so much blame for government failure on the accretion of well-intended rules, regulations and reviews imposed over the years by progressives, the new disposition, in the view of its critics, “redirect the public’s rage away from the parasitism of economic elites and toward the regulatory regimes of state and local Democrats,” as Aaron Regunberg, a former Rhode Island state representative, wrote in the Nation.
Other critics on the left see abundance campaigners as blaming government red tape for what are fundamentally private sector failures. Hannah Story Brown of the Revolving Door Project, for example, argued that the crash in home construction owed not to zoning rules but to the collapse of the housing bubble in and after 2008, “driven by the deregulation of housing finance and a securitization machine that broke the market.”
Similarly, Adler-Bell argued that the Abundance vision is “smaller than it purports to be, myopic about power, and flattering to those who have it.”

But there’s a secret hidden in plain sight in Klein and Thompson’s book: They might be closer to the left overall than either they or their critics acknowledge. In the arresting techno-utopian opening pages of their book, Klein and Thompson describe a world of cheap and clean energy, abundant and affordable fresh food grown in skyscraper farms, cures to diseases that have long plagued humanity — and affordable housing for all.

But to get there, they assume an awful lot of what the left is fighting for. “Across the economy, the combination of artificial intelligence, labor rights, and economic reforms have reduced poverty and shortened the workweek,” they write. “Labor rights” and “economic reforms” sound like the kinds of corrections to inequality that progressives have long supported.

“Higher productivity from AI,” they add, would create shorter workweeks, longer weekends and vacations without any cuts in pay. Why? Because “AI is built on the collective knowledge of humanity, and so its profits are shared.” It probably occurred to you that sharing the profits from the development of AI across society flies in the face of the deregulatory hopes of many of Silicon Valley’s titans — and, again, is a policy critics to their left would applaud.

There is also this: As Klein and Thompson acknowledge, former president Joe Biden was in many ways an Abundance guy. They rightly praise his investments in infrastructure, technology and clean energy. True, some of the projects (electric car charging stations, for example), were caught up in the red tape they bemoan. But a reckoning with why long-term investment did not have the political payoff Biden hoped for has to be part of the reckoning over whether these ideas can have the political payoff their promoters claim for them. Maybe the good Biden Era news was just drowned out by clamor over inflation and the southern border. Maybe, as Mamdani showed in the New York mayoral primary, a long-term vision has to be tethered more tightly to voters’ immediate concerns. Or maybe the party needs better communicators.


President Joe Biden delivers remarks on the Infrastructure Investment and Jobs Act on Oct. 19, 2022, in D.C. (Demetrius Freeman/The Washington Post)
This accounting by no means exhausts the slings and arrows that have been hurled Abundance’s way, but the energy of this debate suggests that its disciples have struck a nerve. Frustration with government failure is by no means the only reason the country took a gamble on making a man unfit for the office of president of the United States. But it’s certainly part of it. As Dunkelman writes in “Why Nothing Works,” “A government too hamstrung to serve the public good will fuel future waves of conservative populism.” He wrote those words before the 2024 election.

Fifteen years ago, progressive writer Harold Meyerson marveled at the speed with which Franklin D. Roosevelt’s secretary of commerce, Harry Hopkins, pushed through big new projects during the New Deal. He mourned that it had become impossible for contemporary Democrats to repeat the feat.
Responding recently in the American Prospect to the Abundance push, Meyerson agreed that progressives need to find a better balance between “regulation” and “production” or else “their days with the power to make such decisions will be few and far between.”
Nor is it an accident that “Abundance” has drawn an appreciative audience among governors and mayors in big Democratic states where housing shortages, transportation problems and homelessness are commonplace. One of the most alarming portents for Democrats in the 2024 election was how sharply their vote share declined in their traditional bastions — particularly in New York, New Jersey, California and Massachusetts. Progressive politicians in places becoming a much paler shade of blue know they need to find ways to govern better, build faster and deliver more efficiently.
 

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The Biggest Myth About the YIMBY Movement
Summarize
There’s nothing centrist or conservative about the push to lower housing costs.

Ron Davis
July 14, 2025, 7:30 AM ET
This article was featured in the One Story to Read Today newsletter. Sign up for it here.

Over the past year, the conversation about housing affordability went national. Unfortunately, it brought with it all the contentiousness of a local-zoning-board meeting. The Democratic YIMBY movement argues for reducing restrictions on building in order to increase the number of homes and lower housing prices. This has inspired a furious backlash within the liberal coalition. These critics paint the YIMBY vision as a centrist, pro-business scheme that betrays progressive values. Some of the loudest complaints have come from anti-monopoly advocates, who warn that the abundance agenda is a stalking horse for libertarianism. The fight has been framed in a way that is almost perfectly designed to split the Democratic coalition.

But this fight shouldn’t even be happening. Antitrust policy and housing abundance are natural allies. Although the pro-housing movement does want to remove a specific set of regulations, this ambition is best understood in the populist, trust-busting mold: as an attack aimed at breaking up a powerful group’s capture of the regulatory regime. There is nothing centrist about that. In fact, NIMBY activists and their allies are the ones engaged in a fundamentally conservative project: helping a landowning elite hoard wealth by preserving an unfair status quo. As a progressive YIMBY advocate myself (and a former city-council candidate in Seattle), I have witnessed this dynamic directly.

This is more than a mere debate about words. The failure to build homes fuels the cost-of-living crisis, worsens climate outcomes, reinforces geographic segregation, and drives migration of people and political power from blue states to red ones—just as the GOP has veered into authoritarianism. It also fuels the nation’s record-high homelessness numbers. Research shows that low housing supply, not drug use or poverty, is the strongest predictor of regional homelessness. People who claim to be progressives but resist efforts to solve the housing problem are hurting their own stated values—and risking their descent into political irrelevance.

How did a project revolving around expanding access to affordable housing come to be seen by some on the left as centrist, even conservative? It’s partly a matter of historical contingency. The front line of the housing fight has long been in the San Francisco Bay Area, where an old guard of otherwise lefty landowners happens to be the group resisting change. There, the YIMBY movement has allied with a younger, less hippie-coded generation of techies. This has created a misleading impression that NIMBYs are inherently to the left of YIMBYs. If the tech boom had instead started in, say, Dallas, the political tenor of the debate would likely look quite different.

The fact that someone who is otherwise on the political left opposes a reform doesn’t make their opposition itself progressive. A recent successful legislative change to exempt most new-housing development from the California Environmental Quality Act is a great example. The law has been used to block housing production in California’s cities. Yet YIMBY reformers had to overcome pushback from labor-union leaders, who should have recognized that more housing would help their workers. These unions opposed the law’s reform because their ability to file frivolous CEQA suits gave them bargaining leverage over builders. Whether reasonable or not, their decision makes it clear that “opposition from the left” can have less to do with progressive values than with narrow self-interest.

Adding to the confusion over where the push for housing abundance falls on the political spectrum is the fact that YIMBYs often talk about the need to cut “red tape,” such as restrictive zoning and procedural rules, to make building homes easier. This rhetoric, along with the movement’s focus on supply, can, to some ears, evoke Reagan-era trickle-down economics. Many on the left naturally bristle at this kind of language. “YIMBY policies satisfied elite consensus, promising workforce housing for tech-sector donors while scratching a deregulatory itch that libertarians had long been trying to reach,” Michael Friedrich wrote last year in The New Republic.

But abundance liberals aren’t fighting against regulation per se. They’re fighting against a specific set of regulations that rich people exploit to rig the housing market against people of more modest means. Their aim is to eliminate these specific tools, not to deregulate in general.

Progressive anti-monopoly advocates, for their part, accuse YIMBYs of ignoring the problem of corporate power. Because these critics see corporations as the primary villains in American economic life, they’re suspicious of any movement that focuses its energies elsewhere. For example, in a review of Abundance, the discourse-defining book by Ezra Klein and Derek Thompson, the anti-monopolist Sandeep Vaheesan laments the lack of attention to “anti-monopoly policies that would rein in the power of the affluent” and criticizes the authors’ supposed “deference to private capital and hostility to public governance.”

Jonathan Chait: The coming Democratic civil war

In reality, the pro-housing movement aims to unrig the housing market, expand access, bring down prices for consumers, and redistribute power and wealth from the rich to everyone else. In antitrust terms, YIMBYs seek to break the housing cartel’s chokehold on supply by using political power to restore market competition. Anti-monopoly thinkers should, if anything, be leading the housing fight, not opposing it.

The basic insight of antitrust law is that powerful actors will, if left to their own devices, manipulate markets to kill off competition and enrich themselves. One of the most common ways they do this is by restricting supply to keep prices artificially high. When the global oil cartel OPEC cuts oil production, for example, prices at the pump spike. And when wealthy homeowners use local zoning and other land-use laws to block the addition of apartments, townhomes, and subsidized housing in desirable neighborhoods—in other words, to prevent new competition from entering the housing market—they do the same thing: create artificial scarcity, thereby propping up their property values.

Anti-monopolists are not wrong that corporate power tends to be behind the deformations in the modern American economy. And in some cases, corporate wrongdoers really might be part of the housing problem; this is why the Department of Justice and state attorneys general are currently suing the algorithmic price-setting company RealPage for colluding with landlords to raise rents. In general, however, it’s landowners who’ve rigged this particular market, not through private collusion, which is illegal, but through “regulatory capture,” which is when private groups shape government policy to serve their own economic aims.

Sometimes working together, sometimes working separately, NIMBYs have manipulated a web of local laws and requirements—such as exclusionary zoning, minimum lot sizes, and parking minimums—to reduce production of homes. As with any production cap, the result is higher prices for new residents and higher profits for incumbents, and a transfer of wealth and power from buyers and renters to existing owners.

Because the First Amendment protects private citizens’ right to advocate for government policy, the courts can’t stop homeowners from using their power in this way. The only remedy is political pushback.

In Northern California, the legacy faction of the left is the problem. But in places as varied as Connecticut and Ohio, or Charlotte and Portland, the housing movement is largely led by progressives.

I work in the housing movement in Washington State. This past legislative session, my job was to put together a coalition of nonprofits to push for perhaps the nation’s most ambitious rollback of off-street-parking requirements. I worked alongside progressive sponsors in the state Senate and House. The bill that ultimately passed swept away thousands of local rules that had throttled housing-supply growth.

From the March 2025 issue: How progressives froze the American dream

A similar coalition also helped pass other pro-housing reforms to land-use law in Washington (for example, allowing denser development near public transit). These changes won’t solve our state’s housing crisis on their own, but they are real, material wins. A few GOP-friendly real-estate-industry groups joined in support, but the backbone of the coalition was progressive: big labor, statewide and local environmental groups, tenants’-rights advocates, and justice-focused nonprofits. Almost all of the same groups have also backed a cap on egregious rent gouging, stricter climate standards for new buildings, and more funding for public and nonprofit housing—hardly a libertarian wish list.
 
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