Showing posts with label Lefist Rulers. Show all posts
Showing posts with label Lefist Rulers. Show all posts

Tuesday, August 4, 2015

Millennials Can Rescue Cities from Their Leftist Rulers

Most American cities have been ruled by left-wingers for decades, and a good case can be made that this has contributed mightily to their decline. Of course, this has done no favors for groups — minorities, the poor, blue-collar workers — that urban progressives count as loyal political allies.

Many Millennials are, so far, enrolled in this coalition but, if they’re paying attention, might be wondering why. On two key issues, the Left is unalterably out of step with most twentysomethings’ beliefs and interests.


First consider New York mayor Bill de Blasio’s recent attempt to defend his city’s taxicab cartel and stifle the fast-growing ride-sharing service Uber. His Honor lined up enough city-council votes to cap the size of Uber’s fleet (among other things) and then, while on a junket to Rome, went on a populist rant to justify his regulatory offensive, decreeing that “the people of our cities don’t like the notion of those who are particularly wealthy and powerful dictating terms to a government elected by the people.”



 Which turned out to be exactly backward. Uber and its (mostly Millennial) subscribers mounted a relentless PR counterattack, punching holes in the mayor’s assertions about the need for more regulations and making clear that they don’t like terms being dictated by the government. The chastened mayor backed off, promising to study the matter for a few months. In the unlikely event that this study is honest and objective, it would teach the mayor some very important lessons — foremost, that Millennials’ embrace of “Sharing Economy” firms like Uber does not merely make their lives easier and save them money. It helps save cities and, indeed, the planet.

Uber and its rival Lyft do not just bring competition (read: lower prices, better quality) to monopolistic markets. They exemplify a new kind of business that enables us to lighten our ecological footprints by making more-efficient use of our possessions. When we share otherwise-idle residential space (via Airbnb), tools (Open Shed), or clothing (Thredup), we squeeze more value out of the scarce resources used to create and maintain these goods. 


A nerdy economist might call this “efficiently amortizing fixed costs”; everyone else would just say it’s “being green.” And, in truth, this has always been a signal virtue of city life. When we cluster together in dense urban areas, we enjoy much lower costs per customer for our streets, water and power lines, and much else. Matthew Kahn has found that (after controlling for income and other influences on demand) the average suburbanite drives 31 percent more miles and consumes 58 percent more land, 49 percent more fuel oil, and 35 percent more electricity than the typical city dweller. 


Millennials are on board: A 2014 Nielsen survey found that almost two-thirds of the 77 million Americans aged 18 to 36 “prefer to live in the type of mixed-use communities found in urban centers,” and are currently living in such areas at a higher rate than any other age group.



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