Young Tech Tycoons Pushing Left Coast Ahead of East in Democratic Power Structure
25th August 2013
There are two deep-blue regions that are critical to the Obama administration: the Northeast and the coastal region between San Jose and Seattle that truly deserves the moniker of the Left Coast. They dominate the Democratic donor list, and provide the administration with most of its appointees and much of its ideological moorings.
Yet this common ground conceals a shift in the balance of power between these two blue strongholds. The power of the high-tech heavy Left Coast is waxing while the old Boston-to-Washington corridor is waning. Jeff Bezos’ purchase of The Washington Post simply confirms this movement of the political tectonic plates.
Popular mythology to the contrary notwithstanding, the 1% are chiefly Democrats. They know, as most do not, that money follows power, and that if they want to keep their money they’re going to have to follow power as well.
‘Don’t think of it as selling out; think of it as buying in.’