California Forever Stagnating

When permission replaces property rights, the California Dream becomes a dream deferred.
California Forever Stagnating
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Commentary

For over a century, California stood as a frontier of first resort for the ambitious, attracting those eager to escape old-world constraints in exchange for a promise of radical autonomy. This California Dream was not a byproduct of luck; it was forged by a Gold Rush mentality that enshrined risk-taking as a prerequisite for success. This unique acceptance of failure sank roots early in the state’s consciousness, fueling a risk culture that welcomed entrepreneurs from around the globe. Supported by a strategic Pacific Rim location and fertile lands, this environment allowed innovators to transform California into a global powerhouse for agriculture, entertainment, and technology.

Mark Moses
Mark Moses
Author
Mark Moses is a senior fellow at the California Policy Center. He has thirty years of experience in local government administration and finance. He is the author of “The Municipal Financial Crisis: A Framework for Understanding and Fixing Government Budgeting” (2022).
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