THE NEW WASPs, as spotted by Kevin D. Williamson:

It is strange, and more than a little perverse, that this part of California is one of the nation’s great hotbeds of progressive anti-capitalism, and that is remains in thrall to the superstition that a society in which markets are allowed to operate freely and capital is permitted (and encouraged!) to find its best use must also be a society that is cruel, callous, indifferent to the poor and the vulnerable, selfish, and vulgar. The good people of the San Francisco area live smack dab in the middle of what must surely be the world’s greatest living example that the truth is exactly the opposite.

Read the whole thing.