You can imagine San Francisco as full of dynamic struggle that’s been pretty evenly matched between the opposing sides since the Gold Rush. There have always been idealists and populists and people who believe in mutual aid in the City of San Francisco. And there have also been ruthless businessmen and greedy people: the “come in and get everything and be accountable to nobody and hoard your pile of glittering stuff” mentality has been here since the city was founded. But it has not been so powerful that it has rubbed out the other side.

Now, however, it feels like Silicon Valley is turning San Francisco into its bedroom community. There’s so much money and so much power and so little ability to resist that it is pushing out huge numbers of people directly, but it is also re-creating San Francisco as a place that is so damn expensive that nobody but people who make huge amounts of money will be able to live here. Of course, San Francisco has been a really expensive city since the 1980s. It has been steadily getting more and more so. Or not steadily. It has really been more like “punctuated equilibrium,” to use a Clarence King geological term. Whatever equilibrium we had after the last inflationary spiral of both the housing boom and the dot-com boom is over. And now we’re in the midst of a huge boom. And with each boom, we’ve lost a little more of the affordability and economic, ethnic, cultural, and maybe professional diversity of the city. It has become more like a resort community: the rich live here, and the people who service them and perform the vital functions are going to have to live somewhere else.

There are ways in which Silicon Valley now is absolutely unprecedented in human history. It is this bizarre, new, corporate, global power center with no accountability. It’s also just a new phase of San Francisco’s increasing gentrification and unaffordability, its housing crisis. That’s an old story. Or you can tell the story yet another way as a more intensified clash in the global conflict between the haves and have-nots as the economic middle gets hollowed out, and we have rising economic inequality. And it’s a clash of values. In a way, it’s all those stories and more than you can tell. I don’t think one framework explains the whole phenomenon.

So what’s the matter with San Francisco? It’s becoming a bedroom community for Silicon Valley, while Silicon Valley becomes a global power center for information control run by a bunch of crazy libertarian megalomaniacs. And a lot of what’s made San Francisco really generative for the environmental movement and a lot of other movements gets squeezed out. And it feels like the place is being killed in some way.