It Could Happen Here - Abundance, Or How To Sell Tech Fascism To Liberals
Episode Date: September 9, 2025Mia talks about the new Abundance movement, its ideas and how it operates as a Trojan horse for its funders Peter Thiel and the Koch Brothers.See omnystudio.com/listener for privacy information....
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Welcome to a Kodap here, a podcast about a world on fire and how to put it out.
I'm your host, Mia Wong.
The world is fucked.
It's the one thing everyone agrees on.
in the vacuum of a defeated Democratic Party
and a hideously unpopular fascist takeover
that is nevertheless on the march
ideologies vie for the mantle of resistance
to the fascist purge.
Suran Mamdani's victory in New York
represents a resurgent social democracy.
In the streets, everyone from liberals to communists to anarchists
are fighting against ICE and the National Guard occupations.
To get our bearings in the swirling vortex of ideology,
Let us check in slightly further to the right, but still firmly in the grounds of liberalism,
on a new movement called Abundance.
What is abundance?
Brust into prominence by a book in March 2025, simply called Abundance by liberal stalwart
Ezra Klein and Derek Thompson, who is slightly the most well known,
and features people like Matthew and Glacius.
They argue that growth is good.
They argue we should make more things.
They argue we should have bold visions of the future, with, to quote Malcolm Harris' description
in the baffler, desalinated ocean water flowing from the taps, skyscraper farms growing our food
indoors, and, quote, star pills, manufactured in space, clean air, and super-fast planes.
Think big, think fast, solve problems by building more.
They even have a new magazine runoff of Substack called The Argument, which is supposed to be about
bringing these new ideas to the left. It includes Social Democratic stalwart Matt Prunach. Isn't that
nice? Semaphore in the reporting on the launch of the argument wrote, quote, many of the
arguments writers have supported, or in Thompson's case authored, the ideas of abundance, a recent book
advocating for reforms to improve government deficiency, lower the cost of housing, and improve
public transportation among other initiatives. And those sound like good things, don't they? And those sound like
good things, don't they? Let's take a look at who's funding the argument. It's funded in part by
Emergent Ventures, which was created by the Koch Brothers Mercantus Center with seed money from
Peter Thiel? Wait, what? They have a conference every year. They had one in 2024. The
2025 conference was last week. Who was speaking? The opponent's conference 2025 speakers include
Charles Lehman from the right-wing Manhattan Institute,
an organization founded by Ronald Reagan's director of the CIA?
Well, let's hear him out.
Let's see what he thinks.
Lehman advocates what he calls deportation abundance,
which is his plan to make a more efficient deportation machine
that could actually deport every undocumented person in the U.S.
Wait, what?
This conference is also sponsored by the Koch family's organizations stand together.
It includes speakers from the American Enterprise Institute.
One of the co-sponsors of the event did another conference with special guest Kevin Roberts,
the guy who wrote Project 2025.
Isn't this supposed to be a liberal movement?
Oh, no, what's going on here?
Could abundance really be funded by all these right-wing billionaires and tech fashion?
Just, oh no!
As you may have guessed from the title, most of today's episode is going to be about what the
people behind abundance actually want, and it's not what you or I want.
It is what Peter Thiel wants, what Mark Andreessen wants, what J.D. Vance wants.
In a sense, it is what Donald Trump wants, because abundance as an ideology is an attempt by the
tech oligarchs to take over.
over the left the same way they took over the right. And that makes the ideology extremely
dangerous. As we are going to unfail, this project is directly tied to many of the worst people
in this country right now. It is tied to Peter Thiel. It is funded by Peter Thiel. It is funded
by Mark Andrescent, who is another effectively Thielite who believes in most of the same, if not all
of the same things that Teal does. These ideas are normally unexceptive.
on the liberal left. But because abundance is wrapped in the ideology of liberalism,
because it wears the faces of liberal Star Wars like Ezra Klein, it can be smuggled in
in a way that leaves the left and liberalism as a whole susceptible to broad ideological
capture by the very same tech fascists we are all trying to oppose.
before we fully get into what the funders of abundance actually want,
let's talk a little bit about what the ideology of abundance is.
The very, very basic ideology of abundance is that we need more things, we need to build more,
and that government regulations are standing in the way of building things.
Now, if this sounds suspiciously Reaganite to you, that's because,
in the sense it is.
Asra Klein describes this as
progressive supply-side economics.
Now, supply-side economics, famously, is Reagan's thing.
You will note that basically everyone across the entire political spectrum,
at least sort of when pressed, will agree that supply-side economics simply does not
work.
But let's hear them out.
I think another way to understand what abundance is and why it works the way that it does
is to look at it in the context
not of American political ideology
and debates, but of Chinese political
debates. Now, Chinese
political debates have, for much of the last
decade, really a decade and a half,
taken the form of arguments
about either increasing the size
of the pie or splitting the pie
more evenly. On the left,
you have a case for
redistribution, right? For higher
taxation, for higher welfare benefits,
for giving people things
from the states and redistributing it from
rich people to the poor. On the rights, you have growing the pie, which argues that instead
of redistributing wealth, we should simply grow more wealth, and that wealth will trickle down
to everyone else. Wait, this is just Reaganism again. It's all Reaganism. This is the very
frustrating thing about abundance, is that when you actually go past the language they're using
and you look at what they think will happen, it's just trickle down economics again. It's just
trickle down economics, and abundance is on the right wing side of it. Now, you know, there are
definitely arguments for places where we do in fact need to build more things, right? And this argument
has become particularly prominent with the rise of Yimbism. And like, yeah, I don't know,
building more houses is good. I mean, it was it was literally a demand of the Hungarian revolution,
right? Like, yeah, we need more of it. But comma, we need to be very, very careful here.
Because the way that abundance structures its arguments and the ways that, for example,
a really, really vulgar version of Yimbism has been deployed by these people in order to just
sort of wholesale oppose government regulations.
And we're not just talking about things here like eliminating zoning requirements, right?
We are talking about, as we'll get into later, the people behind this movement wants to
create their own city, states, and special economic zones where no government regulations
supply. But the fundamental argument here is that lifting government restrictions on production
will, you know, increase the size of the market, and because prices just supply and demand,
prices will fall because there's more supply. None of this is how markets actually work.
One of the crucial insights of anthropology is that markets are not simply neutral objective
forces that function according to precise mathematical laws. They are socially constructed.
even in neoclassical economics, by their own logic,
price is not just supply and demand.
That's something that's only true in perfectly competitive markets.
Imperfectly competitive markets do not exist.
They probably cannot exist, but they do not exist in the real world,
and they do not represent something like the housing market.
In the real world, markets are defined by power.
Neoclassical economists attempt to explain the role of power in markets,
through monopoly, right?
You know, you can look at monopoly and monopsony.
There are a bunch of very different things
that they think are sort of deviations
of this perfect competitive market
where people band together to build power
and thus are able to distort
what the perfect free market should be doing.
And this is a feature of basically every market
that actually exists, right?
There aren't perfectly competitive markets.
They all have power in them
and they all have degrees of monocon.
to use a sort of Marxian term in them as well. Now, do you know what else has a degree of monopoly?
That's right. It is the products and services that support this podcast.
You hear that excuse?
I don't know if you don't lie about that, right?
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From viral performances to red carpet looks that had everyone talking. The podcast, the latest with Lauren the Rosa, is your go-to-for-to-everything.
BMAs, we will be right here breaking it all down.
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and getting into what the people are saying.
Like, what is the culture talking about?
That's exactly what we'll be getting into here
at the latest with Lauren the Rosa.
Everything BMAs.
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Unfortunately for Mark Lombardo, this was the choice he faced.
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Mark had one chance to complete this program and had no idea of the hell awaiting him the next six months.
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and we didn't know what to expect in the morning
nobody tells you anything
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so what does this actually have to do
with abundance
long long ago in a galaxy
far far away I explained rent
on this show
and this is specifically here
rent in the context of what you pay to your landlords, I promise this will circle back to
this will circle back to sort of abundance yimbism in a second. I attempted to explain rent by
drawing on the work of the legendary Venezuelian anthropologist Fernando Corrineal to argue that the
rent that we pay to our landlords function similarly to oil rent, reprice is not set by supply
and demand, but instead by the social power of oil producers. Now, people got very, very mad at me
for this, but the long deray of history has vindicated me. In the real world, it turns out,
I was right. The most powerful example of this in the housing market is the case of RealPage,
a service that allowed landlords to get recommendations on their pricing based on information
from all the landlords who submitted their data, thus creating an algorithmic machine for price fixing.
This got bad enough that even the Bighton Justice Department got involved. Here's from the
Department of Justice's lawsuit against Real Page, quote, real page acknowledge that its software
is aimed at maximizing prices for landlords, referring to its products as, quote,
driving every possible opportunity to increase price, avoiding the race to the bottom in down
markets, and, quote, a rising tide raises all ships. A Real Page executive observed that its
products help landlords avoid competing on the merits, noting, quote, there is a greater good in
everybody's succeeding versus essentially trying to compete against one another in a way that
actually keeps the entire industry down. A Real Page executive explains to a landlord that using
competitor data can help identify situations where a landlord may have a $50 increase instead of
$10 increase for the day. Another landlord commented about Real Page's product. I always like this
product because your algorithm's used proprietary data from other subscribers that suggest rents and
terms. That's classical price fixing. Now, I was derived.
for arguing that landlords would ban together using their social power to prevent rents
from falling even with units sit and empty. And it turns out, I was right the whole time.
They were doing exactly that. It turns out, in the actual real world of the market,
all of these companies on all of these landlords had found a way to ban together in order to
use their social power and use the information in their possession to fix the price of rent.
here is from Reuters, drawing from yet another lawsuit this time from the Attorney General of D.C.
A monthly report from W.C. Smith in 2022 showed the company had increased revenues per unit by 4.6 to 4.7%
despite decreased occupancy levels according to the lawsuit. So what is that saying?
That is saying that the actual number of people in these apartments is decreasing.
of apartments staying open that have no one in them is increasing, but the price is not going
down. Even though there's more supply, the price is still going up. Why is the price still going
up? Well, well, well, the Justice Department calls this price fixing, large-scale collusion
to disrupt the functioning of the perfectly normal competitive market. The anthropologist
Fernando Corrineal, as I argued before, calls it absolute rent. Rent extracted by virtue
of the social power of the landowner.
As I wrote in that episode,
quote, absolute rent does not obey
the law of supply and demand.
It is the product of social power,
of the power of landownership itself
and the organization of the landowning class,
and they're backing by the state
and its militaries and police.
And this causes economists
attempting to use supply and demand
to explain rent to get very,
very important events, very wrong.
Morris Edelman,
the famous oil economist,
predicted in 1972,
that the price of oil was going to collapse based on oversupply and competition.
Instead, it increased 400% between 1973 and 1974
because oil producers banded together to exercise their power and their organization,
known as OPEC, became a genuine world power.
As Corneal put it, quote,
The sharp increase of 1973 and 1974 in oil prices did not result from a world shortage of oil.
It was, rather, the outcome of a long historical process by which OPEC nations,
Acting as landowners developed a means to extract a rent on the basis of their ownership of
the oil fields, an absolute rent, in addition to the differential rents they had collected in the
past. In 1973, a set of converging political and economic conditions helped establish their
collective ability to restrict the world supply of oil. With this power, OPEC felt entitled to set
the market price of oil, thus freeing the level of rent from the previous constraints of market
price. Now rent itself, absolute and differential, would determine
the market price of oil. What does that sound like? Oh, it sounds like Real Page's price-fixing
algorithm. Why does it sound like Real Page's price-fixing algorithm? It's because, in the real
world, markets are not neutral institutions that operate according to neutral laws. Their institutions
created and enforced by the state. Landlords can jack up your rent because they wield collective
power together and have the ability to use the state to drag you out of your home at gunpoint.
abundance is, to a large extent, an attempt to harness widespread discontent over the price of goods,
the price of rent, the price of food, and argue that you can simply produce more and this will make
all of the prices go down. But as we've seen here, as long as the social power is held by the rent
extractors, they can simply set their own price. None of this is addressed in abundance,
and there's a simple reason for that. The people funding the abundance agenda are the very same people
profiting from their social power.
So let's talk about the money.
I'm going to be quoting here from a report from prospect, which is very good.
The Institute for Progress, IFP, which co-hosted Abundance, 2024, and is listed as a key
institutional partner by the Inclusive Abundance Initiative, has a bevy of corporate ties.
In 2022, IFP received $110,000 from FAI and has FAI's executive director on its board.
Now, FAA is the Foundation for American Innovation.
I'm going to read, this is also an abundance co-host, which is very funny.
I am going to read a quote from Kate Willett, who has also done some excellent reporting on this,
and she describes how the FAA hosted another conference in 2024 called Reboot.
The quote, surprise guest of the conference was Kevin Roberts,
president of the Heritage Foundation and chief architect of 2025.
Now, back to the Institute for Progress.
Part of what's going on here, right, is that this is an, you know, what I'm trying to emphasize
by how confusing this whole thing is, is that abundance is composed of a series of think tanks and weird institutes that are all tied into a bunch of tech money, right?
Keeping the acronym straight is very difficult. You do not need to hold all of them in your head.
The other thing that you need to understand about this, right, is if you look at who is co-hosting these conferences and who is behind these books and who is behind these media outlets,
a very, very clear picture starts to emerge.
I'm going to go back to quoting from prospect.
One of the funders of the Institute for Progress was Emergent Ventures,
which is a product of the Cokeback Mercantus Institute at George Mason University.
Emergent itself was launched by a grant from Peter Thiel.
Peter Thiel is a right-wing billionaire with a vast influence network
at the intersection of techno-futurism and anti-democratic thought,
who has called technology an alternative to democratic politics.
Small D. Democratic, by the way, he means the concept of democracy,
to, quote, unilaterally change the world.
Vice President-elect J.D. Vance is a known scion of Peter Thiel.
Let's look at the Chamber of Progress, another one of the groups that is heavily involved
in abundance.
Chamber of Progress, which self-identifies its work as part of a growing abundance policy
movement, is a trade group started with Google Seed Money.
By Google alum, Adam Kovacovich.
Kovacovic proudly touts his college activism, leading an effort to cross-seid.
a united farm workers picket line. The Chamber of Progress's partners. Reefunders include
A16Z, Circle, Coinbase, Google, Cracken, Ripple, Waymo, and Drison Horowitz, or A16Z, is a venture
capital firm heavily invested in AI and crypto. Co-founder Mark Andresen believes the technology
is the solution to every problem. He's also on Medas Board. He is also a theolyte tech
fascist. This is it in some sense a very, very interesting collusion of forces, right? We have
the Koch brothers who are, you know, sort of the ancient libertarian right side of Republican dark
money. They are, you know, the people who have traditionally funded right-wing movements
in the past. They are the Tea Party people. They are, you know, they are sort of the boogeyman
under the bed for anyone who has wanted to make the world a better place for a very
very long time. And they and their organizations are working with the emergent tech fascist
right. You know, people like, people like Mark Andresen, people with Peter Thiel. And these are the
organizations that have gotten in bed together in order to do this. Now, these people have a bunch of
absolutely hideous beliefs. We're not even going to get in to the eugenics here, but like these,
the people funding this thing are huge eugenicists. We literally do not have time to do all of the
eugenic shit associated with this
because if if I were to actually
do the eugenic I mean we talked
about some of like Maddie and Glacius's bullshit
on this podcast earlier but like
if I actually went through and did this this episode
would be like 12 hours long
I am going to cover this sort
of network state peer
theolyte eugenics circle at some
point later that is a forthcoming episode
but yeah
for now here are these
ads hopefully are not
eugenics
Woo!
You know if you're going to lie about that, right?
Lauren came in.
From viral performances to red carpet looks that had everyone talking.
The podcast, the latest with Lauren the Rosa,
is your go-to for everything being made.
We will be right here breaking it all down.
I'm going to be giving you all the headlines,
breaking down everything that is going down behind the scenes,
and getting into what the piece.
are saying, like, what is the culture talking about?
That's exactly what we'll be getting into here
at the latest with Lauren the Rosa.
Everything VMAs.
I'm a homegirl that knows a little bit about everything
and everybody.
To hear this and more, listen to the latest with Lauren the Rosa
from the Black Effect Podcast Network
on the Iheart Radio at, Apple Podcasts
or wherever you get your podcast.
Just like great shoes, great books take you places.
unforgettable love stories, and into conversations with characters you'll never forget.
I think any good romance, it gives me this feeling of like butterflies.
I'm Danielle Robay, and this is bookmarked by Reese's Book Club,
the new podcast from Hello Sunshine and IHeart Podcasts,
where we dive into the stories that shape us, on the page and off.
Each week, I'm joined by authors, celebs, book talk stars, and more for conversations
that will make you laugh, cry, and add way too many books to your TVR pile.
Listen to Bookmarked by Reese's Book Club on the IHeartRadio app, Apple Podcasts, or wherever you get your podcasts.
Apple Books is the official audio book and ebook home for Reese's Book Club.
Visit apple.c.O. forward slash Reese Apple Books to find out more.
A foot washed up a shoe with some bones in it. They had no idea who it was.
Most everything was burned up pretty good from the fire that not a whole lot was salvageable.
These are the coldest of cold cases.
But everything is about to change.
Every case that is a cold case that has DNA right now in a backlog will be identified in our lifetime.
A small lab in Texas is cracking the code on DNA.
Using new scientific tools, they're finding clues in evidence so tiny you might just miss it.
He never thought he was going to get caught.
And I just looked at my computer screen.
I was just like, ah, gotcha.
On America's crime lab, we'll learn about victims and survivors.
And you'll meet the team behind the scenes at Othrum,
the Houston Lab that takes on the most hopeless cases
to finally solve the unsolvable.
Listen to America's Crime Lab on the IHeart Radio app,
Apple Podcasts, or wherever you get your podcasts.
Hola, it's HoneyGerman.
And my podcast, Grasias Come Again, is back.
This season, we're going even deeper
into the world of music and entertainment
with raw and honest conversations
with some of your favorite Latin artists and celebrities.
You didn't have to audition.
No, I didn't audition.
I haven't auditioned in like over 25 years.
Oh, wow.
That's a real G-talk right there.
Oh, yeah.
We've got some of the biggest actors, musicians,
content creators, and culture shifters,
sharing their real stories of failure and success.
You were destined to be a start.
We talk all about what's viral and trending
with a little bit of chisement,
a lot of laughs,
and those amazing vivras you've come to expect.
And, of course, we'll explore deeper topics
dealing with identity, struggles, and all the issues affecting our Latin community.
You feel like you get a little whitewash because you have to do the code switching?
I won't say whitewash because at the end of the day, you know, I'm me.
But the whole pretending and code, you know, it takes a toll on you.
Listen to the new season of Grasasas Come Again as part of My Cultura Podcast Network
on the IHart Radio app, Apple Podcast, or wherever you get your podcast.
So let's get back.
to who I think are really the two primary villains of this story.
And that is Peter Thiel and Mark Andresen,
who are two of the most dangerous people in the entire world.
Teal and Andresen are fascists who believe the state should be a corporation run by the tech elite.
They do not believe in democracy,
and particularly Thiel has said that democracy is the enemy of freedom.
Right?
When these people talk about running the state like a business,
they mean that there should be an unaccountable fucking philosopher's CEO king
and that there shouldn't be democracy.
A common feature of this, and, you know, the physical manifestation of this thing
is an idea called the network state.
And a very common theme of the founders of abundance is their support for the network state,
both as a concept and in terms of building them.
So what is the network state?
The network state is, to a large extent, the thing I've just been describing, right?
the version of it that they pitch
is that these are like
opportunity zones, right?
They're these like tech cities
that will eventually become
like real states
that are based off of
special economic zones
where, you know,
special economic zones
where like the normal regulations
to the state do not apply
so you can, you know,
do whatever you want, right?
You can, we can build prosperity
by having no government regulations
and run everything
through corporations.
These network states
would be, again,
actual straight-up corporations that own and control territory and run it as the state.
These states are already coming into existence.
Maybe the most important is Prospera, a corporate city for profit in Honduras that is run
by a corporation, again, in a special economic zone where the state does not apply.
It does not have a mayor.
It has someone appointed by the corporation who runs the city.
This is happening all over the world, particularly in developing countries, where it is
being pushed by all of these just absolutely demonic tech goals, and they're also being
started and attempts are being started to run them in the United States. I'm going to quote
here from Shane Lee's Venture Capital, blog Venture Capital status, which is a very, very good resource
on the network state, which we'll be covering more fully later because we don't have time to do
much more than a brief introduction to their ideas here. In Salero County, California, a cartel of
venture capitalists associated with Andresen Horowitz, which is, again, Mark
Andreessen's firm, bought up over 65,000 acres of rich, fertile farmland and using secretive and
threatening methodologies, including suing local farmers. They plan to build a city with
weapons developments and manufacturing, aerospace and robotics companies, shipbuilding homes and
schools. This network state is called California Forever. Also in California, there's
has been a discussion by network state operatives
of taking over Presidio
in San Francisco. And there
is a network state planned in Sumona County.
Its founder is a, quote, former
promoter's venture capitalists.
These are the same people
funding abundance.
Here's from Kate Willett again.
One of the California Forever billionaires,
California Forever is, again, the name
of the network state they want
to set up by buying a bunch of land
in Salado County.
One of the California Forever billionaires
Patrick Coleson, the CEO of Stripe, Looms Large and Abundance World.
Along with Open Philanthropy, he donated to fund a $120 million abundance grant
tied to Ezra Klein's book release.
Colson is a key backer and inspiration for the Institute for Progress, a think tank,
which works closely with others in the Abundance Network, including the Abundance 2020 for conference.
The goal of the network state movement is to accelerate the destruction of the United States.
States and create these corporate network states in their wake. They want the world to be composed
of these networks of venture capital tech corporations run and ruled by them by the tech elite
for profit. These are the people that are funding all of these fucking movements. These are the people
funding the argument. These are the people funding the abundance conference. These are the people
that people like Ezra Klein
have been brought in to run cover
for. These are Trump people.
They are the forces behind
J.D. Vance. They want to
inflict their vision of tech fascism
on the world. But they are
hideously popular in power.
In order to achieve
their agenda, they cannot simply rely on
their incredible hegemony on the right.
They need you.
They need your buy-in.
They need the support
of good and kind-hearted liberals
who they can radicalize
into Trumpian tech fascists
this is their opening gambit
and they've played it well
but there is still time for them to fail
and there is still time for us to build a future
built by us and for us
by and for each other
based on mutual aid and the benefit of all
a world without death squads and ice
a world ruled not by corporations
but by us
the fight for that
That world begins here and now.
It Could Happen Here is a production of Cool Zone Media.
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