ICYMI: We reported for @prospect.org last week on documents obtained by @phoenixprojnow.bsky.social detailing how Silicon Valley elites view "abundance" as an avenue to advancing their political power.
prospect.org/2026/06/12/n...
California Gov. Gavin Newsom is reportedly scrambling to kill a ballot measure that would impose a one-time 5% tax on roughly 200 billionaires — raising an estimated $100 billion for Medicaid and social programs.
7. According to Rosen, POC-serving "Equity groups", "left" philanthropy that supports them, and organized labor are the enemies of progress.
You can download the complete documents we leaked at the bottom of the article - prospect.org/2026/06/12/n...
the author boasts about having “Flipped San Francisco Democratic Party, Flipped San Francisco Board of Supervisors … [and] Flipped Santa Monica City Council.”
"We helped organize the Moderate faction that has taken power" (2/2)
10. The Abundance ideology is the liberal answer to Marc Andreessen's Techno Optimist Manifesto.
9. Rosen believes that the current progressive political movement against the billionaire elite is a fundamental threat to American democracy.
In new reporting for @prospect.org, our @dylangyauchl.bsky.social details internal documents from Bay Area abundance groups pitch the movement to tech elites as a way to take control of Democratic politics and describe a 9-figure funding stream from billionaires. (1/2)
prospect.org/2026/06/12/n...
8. Abundance Network sees themselves growing into a bottom-up national astroturfing force.
6. Abundance Network really doesn't like grassroots campaigns with small dollar donations.