{"id":550,"date":"2026-07-08T21:39:59","date_gmt":"2026-07-08T21:39:59","guid":{"rendered":"https:\/\/atlaslivingmedia.com\/?p=550"},"modified":"2026-07-08T21:39:59","modified_gmt":"2026-07-08T21:39:59","slug":"an-abundance-of-influence","status":"publish","type":"post","link":"https:\/\/atlaslivingmedia.com\/?p=550","title":{"rendered":"An Abundance of Influence"},"content":{"rendered":"<article>\n<p>Housing costs in fast-growing cities around the world have quadrupled since 1950. In the United States, that means nearly half of the country\u2019s renters are paying more than 30 percent of their income for housing\u2014an outlay that eats into already overstretched budgets for other essential expenses such as food, healthcare, and transportation.<\/p>\n<p>Read more <a href=\"https:\/\/atlaslivingmedia.com\/?p=548\">6 Perspectives on the Future of #MeToo<\/a><\/p>\n<p>Nowhere has the affordability problem been worse than in San Francisco. Between 1980 and 2019, the city\u2019s housing costs increased by as much as 600 percent, according to the US Bureau of Labor Statistics and records from the San Francisco Rent Board. That increase is more than double the national average over the same time span.<\/p>\n<p>Democratic policy wonks have embraced the deregulatory \u201cabundance\u201d movement\u2014kickstarted by the 2025 book of the same name by Ezra Klein and Derek Thompson\u2014as a solution to the housing crisis. The central mandate here was to institutionalize an ethos of YIMBYism\u2014short for Yes in My Backyard\u2014in order to ramp up the housing supply and drive down costs. The argument was seductive since it offered a simple proposition to a pressing problem: Remove barriers to housing development\u2014from red tape, and community and environmental review, to limits on building height\u2014and a housing boom would ensue, ensuring at long last that cities would be able to meet a rising demand for housing.<\/p>\n<p>But San Francisco illustrates another dynamic, which saw the city\u2019s political scene rapidly transformed into a playground for the ultra-wealthy. The YIMBY movement did not merely push for relaxed zoning\u2014 it became a stalking horse for Bay Area tech titans who used it as a political vehicle to seize local power.<\/p>\n<p>As documented in a recent report by the Phoenix Project, San Francisco\u2019s YIMBY uprising became in short order the vanguard of an emergent astroturf network. Starting in 2020, the ultrarich began backing a new welter of political pressure groups sporting warm, pro-housing monikers such as Neighbors for a Better San Francisco, Together SF, and Abundant SF (which later became Abundance Network) to oust progressives from local government. University of California\u2013Santa Cruz sociology professor Katharyne Mitchell and PhD candidate Gregory Woolston have described this local political takeover as revanchist populism, plying a brand of\u201crevenge\u201d politics funded by conservative elites. And it\u2019s clearly working: According to an analysis from the <em>San Francisco Chronicle<\/em>, the composition of the city\u2019s board of supervisors shifted decisively rightward in 2024.<\/p>\n<p>Positioning themselves as sensible moderates in a progressive metropolis allegedly drunk on its own regulatory powers, the members of San Francisco\u2019s abundance power elite include Mayor Daniel Lurie and supervisors Bilal Mahmood and Stephen Sherrill, as well as former supervisor Joel Engardio. They\u2019ve campaigned for reactionary policies like cuts to LGBTQ assistance and public health programs, gutting environmental review, defunding free legal aid, and blocking a one-off wealth tax. And after winning office, they\u2019ve worked tirelessly to roll back progressive gains on criminal justice, renter protections, and environmental regulations.<\/p>\n<p>Now, Silicon Valley is running the same playbook in an effort to take over the national Democratic Party. Internal fundraising materials obtained by the Phoenix Project and first reported on by one of us in <em>The American Prospect<\/em> detail how Zack Rosen, cofounder of California YIMBY and the Abundance Network, and his allies have amassed a funding stream of $260 million annually from wealthy benefactors. (Rosen told the <em>Prospect<\/em> that these numbers were incorrect. He pointed to a figure citing a $120 million donation from John Arnold, saying that it was closer to $40 million annually; our follow-up queries about the group\u2019s other \u201ccapital commitments\u201d cited in the memo went unanswered.) The group\u2019s aim, detailed in a self-styled , is nothing less than to \u201cscale this work across all 50 states\u201d and \u201cbuild the Abundance faction bottoms up, city by city.\u201d<\/p>\n<p>To that end, the Abundance Network has expanded elsewhere in California, as well as in Washington and Vermont. In his organizing memo, Rosen brags that by enlarging \u201cthe moderate faction\u201d in the Bay Area, he and his allies have \u201cflipped [the] San Francisco Democratic Party,\u201d \u201cflipped [the] San Francisco Board of Supervisors,\u201d and \u201cflipped [the] Santa Monica City Council.\u201d These are not idle boasts. San Francisco\u2019s moderates have strung together an impressive series of political victories against progressive elected officials, including the recall of reform-minded District Attorney Chesa Boudin in June 2022.<\/p>\n<p>Rosen calls these wins the beginning of a \u201cmulti-decade\u201d project. He goes on to explain that the YIMBY-abundance model of power-seeking is after nothing less than the \u201crenewal\u201d of liberal institutions\u2014in cities, states, and, eventually, the whole country. \u201cOur goals are ambitious, and our core beliefs run counter to how left institutions\u2014the Democratic party, left philanthropies, advocacy organizations\u2014think and operate today,\u201d Rosen writes.<\/p>\n<p>This top-down revolution had initially taken root during the Biden era, but launched in earnest as a pitch for Democrats during the second Trump administration. A year before Rosen\u2019s call to arms, the Niskanen Center, a libertarian-leaning think tank, released its own broadside calling for a cross-party coalition to preach the abundance gospel. The first order of business was to challenge progressive power within the Democratic Party. Over the past year, the abundance movement has taken that mandate to heart as it tries to replicate the \u201chostile takeover\u201d of San Francisco politics at scale<\/p>\n<p>What permits this policy-driven putsch to come across as commonsense reform is the YIMBY movement\u2019s own careful branding as a quasi-populist insurgency. In the 2010s, the nascent movement\u2019s standard-bearer was Sonja Trauss, a 24-year-old newcomer to the Bay Area living in rapidly gentrifying West Oakland. By 2014, Trauss, who had founded the San Francisco Bay Area Renters\u2019 Federation (SFBARF), was a fixture at government meetings around the Bay Area, calling for new initiatives to increase the region\u2019s housing supply. SFBARF eventually split into several groups, the largest of which became YIMBY Action and YIMBY Law. They were, however, far from the first organizations to argue for zoning reform; the NAACP and racial justice allies had been fighting restrictive zoning since before Trauss was born. Even the term YIMBY was not new; it was used in planning literature by the early 1990s.<\/p>\n<p>Trauss became the most tireless lobbyist for the local YIMBY movement. Her efforts benefited greatly from early support from an influential and moneyed member of the tech elite: Yelp founder Jeremy Stoppelman, a member of the storied PayPal Mafia.<\/p>\n<p>Trauss ran for a seat on the Board of Supervisors in 2018, seeking to represent the Tenderloin and South of Market Street, two of San Francisco\u2019s most diverse, working-class neighborhoods. Her campaign raised more than $1 million, more than two-thirds of which came from Progress San Francisco, a political action committee chiefly funded by tech executives, corporate real estate investors, and venture capitalists. Yet, for all this fundraising clout, Trauss lost the race to Matt Haney, a former School Board trustee.<\/p>\n<p>Read more <a href=\"https:\/\/atlaslivingmedia.com\/?p=546\">The Great American State Fair\u2019s Great Belly Flop<\/a><\/p>\n<p>Undeterred, Trauss still courted favor with California\u2019s power elite. Current San Francisco state Senator and US congressional candidate Scott Wiener met the young activist during his tenure on the San Francisco Board of Supervisors. The relationship proved mutually beneficial: Trauss formed a political action committee that bankrolled Wiener\u2019s first run for the state Senate. In turn, Wiener endorsed Trauss\u2019s 2018 race. Her volunteers served as foot soldiers in his successful campaign to unseat progressive Supervisor Jane Kim.<\/p>\n<p>Once he was elected to the state Senate in 2016, Wiener wasted no time advancing the YIMBY agenda. At his side was CA YIMBY and its affiliated organizations\u2014YIMBY Law, YIMBY Action, and the Housing Action Coalition.These groups founded in part by Rosen, the political director for Abundance Network, former Wiener aide Todd David, and Trauss. In his memo proposing a national YIMBY-abundance political takeover, Rosen boasts of this synergistic relationship, noting that \u201cwe built our San Francisco operation with Scott Wiener\u2019s policy and political team.\u201d Several months ago, Wiener announced his bid to replace retiring US Representative Nancy Pelosi. Wiener\u2019s allies in the tech and real estate industries have since donated nearly $4 million to his congressional campaign.<\/p>\n<p>As Wiener climbed the political ladder, the YIMBY movement continued to accrue power in the state. To date, CA YIMBY and its affiliates have raised nearly $15 million from Open Philanthropy (now called Coefficient Giving), a fund created by tech billionaires Dustin Moskovitz and Cari Tuna, as well as $1 million from the payment processor Stripe. Wealthy tech titans quickly grasped YIMBY\u2019s potential as a tool to gain political power and influence against San Francisco\u2019s progressive political order. Perhaps its most significant win in the city was its ouster of democratic socialist Supervisor Dean Preston, a tenants rights attorney and champion of progressive taxation and criminal justice reform. He was replaced by Bilal Mahmood, a candidate who ran to Preston\u2019s right on both issues. Preston laid out the pivotal role the abundance faction played in his electoral defeat in an essay for <em>Current Affairs<\/em> in 2025.<\/p>\n<p>In addition to ousting Preston, San Francisco\u2019s wealthy abundance network defeated reformist District Attorney Chesa Boudin, and other progressive elected officials. The movement\u2019s lead funding vehicles all bear innocuous good-government names sounding names like Neighbors for a Better San Francisco, or GrowSF, but draw support from tech barons, real estate interests, and other major donors. Headlining this group are a key clutch of big-money backers: billionaire cryptocurrency executive Chris Larsen, billionaire venture capitalist William Oberndorf, Y Combinator\u2019s centimillionaire chief Garry Tan, and billionaire former venture capitalist Michael Moritz. Their network has steered more than $100 million into San Francisco politics since 2020\u2013and they\u2019re making similar plans for the rest of the state, and the country at large.<\/p>\n<p>Rosen\u2019s Abundance Network is at the forefront of this charge. \u201cOne way to think about Abundance Network is the liberal answer to the tech elite joining the MAGA faction,\u201d Rosen declares.<\/p>\n<p>However they might characterize themselves ideologically, their money is speaking loudly. According to , they are raising more than a quarter of a billion dollars annually for organizing. Among its top donors are hedge-fund billionaire and former Enron executive John Arnold, who committed a staggering $120 million in 2025, former Microsoft chief executive Steve Ballmer, who pledged an equally impressive $100 million a year, and Facebook cofounder Dustin Moskovitz, who committed $40 million.<\/p>\n<p>Not included in that accounting are two $120 million grant programs: The Abundance and Growth Fund run by Coefficient Giving (partially launched with $60 million from Stripe\u2019s Patrick Collison) and the Recoding America Fund (started, in part, by the Abundance Network and run by its senior adviser, Jen Pahlka). All told, Abundance-aligned groups could log as much as $300 million in annual capital commitments.<\/p>\n<p>In his memo to prospective big donors,  his five-year quest to refine the abundance ideology. Now, to galvanize big money behind the abundance agenda, he presents this pro-business deregulatory package as the cure for the \u201croot disease\u201d that\u2019s \u201ccrippling left politics and rotting our American democracy.\u201d<\/p>\n<p>In reality, Rosen\u2019s prescription is for a political scene dominated by the Big Tech oligarchy. He writes that as a result of the failure of progressive governance, \u201cMaslow\u2019s monsters are now here: Urban conflagrations, floods, deteriorating norms, and the rebellion against elites.\u201d He likewise equates an uptick in economic populist sentiment against wealth with full-fledged natural disaster, while attributing the rise of other social ills to the \u201cabdication of elites.\u201d Warming to this theme, he offers a preposterous reading of the reforms achieved by the early 20th-century progressive movement, claiming that they were the top-down handiwork of wealthy industrialists rather than the hard-won gains of organized labor, suffragists, peace activists, and social reformers.<\/p>\n<p>The Abundance Network\u2019s success in San Francisco rested on the mobilization of big money \u201cto take down the exaction-machine\u201d\u2014a piece of right-wing pseudo-economic jargon designating alleged on-the-make public-interest concerns\u2014\u201cof equity groups, labor (unions), and NIMBYs.\u201d In Rosen\u2019s view, organized labor and grassroots community organizations are not engines of progressive change but obstacles to the rightful seizure of power by the wealthy seers of Big Tech. He bemoans the rise of small-dollar fundraising, saying that it has \u201cmade politics dumber.\u201d<\/p>\n<p>Indeed, everything about this vision of abundance\u2014from its garbled reading of American history and its paean to industrialists to its pitch to the ultrarich\u2014is about re-entrenching elite control over politics. All that stands in the way of abundance, apparently, is the people.<\/p>\n<p>Read more <a href=\"https:\/\/atlaslivingmedia.com\/?p=544\">The World Cup Meets Casino Capitalism<\/a><\/p>\n<\/article>\n","protected":false},"excerpt":{"rendered":"<p>The Nation Magazine<\/p>\n","protected":false},"author":1,"featured_media":549,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-550","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-politics"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>An Abundance of Influence - Atlas Living Media<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/atlaslivingmedia.com\/?p=550\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"An Abundance of Influence - 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