The amassing of great wealth is stealing our home

Latest

The following excerpts are from the December 14,2021 Sonoma Weekly Update [Sonoma, California.] For more information e-mail: sonomaweeklyupdates@gmail.com

Gate in front of building with padlock
Speculators and rich people buy up the housing everywhere.
Photo / Sarah-Ji Rhee

CHILLING! — In a past life, I have seen how this works out. When I visited kin on Orcas Island (Wash.) for Christmas 60 years ago, the main drag had a church, a grocery and general store, a diner, and the island’s one stop light. Now it’s an avenue of tourist restaurants and boutiques. Rich folks have long since bought up the housing, driving working folks off the island.

Today, many of the workers for Orcas’s hotels and restaurants come from the mainland, taking an hour-long ferry ride each way. Young folks and even longtime retirees have left for cheaper climes. What was my great-uncle’s sheep farm is going for $28 million. (High-end rentals have replaced the house, but the barn is still there.) Chilling! You can’t go home again.

CONSTITUTION — Our 1787 Constitution was written by the era’s merchant, banker, and land-owning class to defend their large-scale private property, when individual states were being taken over by the small farmers who had fought the Revolution. The Constitution enshrined their power to amass as much wealth as their exploitation of labor would allow.

That process is in overdrive. A recently released UN report reveals that the wealthiest 10% of Americans hold more than 13 times the wealth of half of the nation — and rising. It reports that the pandemic saw the steepest increase in billionaires’ wealth in history. Takeaway: Great holdings of private wealth can’t be sanctified if Sonoma County is to be for Sonomans.

PT Logo collage
+ Articles by this author

Free to republish but please credit the People's Tribune. Visit us at www.peoplestribune.org, email peoplestribune@gmail.com, or call 773-486-3551.

The People’s Tribune brings you articles written by individuals or organizations, along with our own reporting. Bylined articles reflect the views of the authors. Unsigned articles reflect the views of the editorial board. Please credit the source when sharing: ©2024 peoplestribune.org. Please donate to help us keep bringing you voices of the movement. Click here. We’re all volunteer, no paid staff.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Featured

A Love Letter to Altadena

Our elected officials seem unable or unwilling to keep the financial vultures out of Altadena. We can only win if we fight together to ensure our future.

The Urgency of Unity to Tackle Climate Destroyers

As thousands remain homeless and vulnerable to the negative effects of global warming, Trump is doubling down on opening new leases to fossil fuel corporations.

Where’s Trump? America’s Poorest Counties Devastated by Historic Flooding Speak Out.

West Virginia people devastated by the flooding are crying out for help from the Trump administration. They speak on whether FEMA should be abolished, as Trump is proposing.

An All-American Nightmare

The machinery of mass deportation has been set up in a nightmarish fashion. It is meant to be impossible to stop — or to appear that way. But, like any machine, it can be brought to a halt, when understood.

As ICE Jails Palestinian Protester, Universities Must Commit to Academic Freedom

University faculty call on everyone, on behalf of Mahmoud Khalil, Columbia graduate detained by ICE, to organize on behalf of those who are today's targets, supporting academic freedom and free expression before it is too late.

More from the People's Tribune