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Not surprisingly, I strongly disagree.
All you have to do is look west if you want to see states and local communities investing in state of the art infrastructure.
Portland has built two brand new bridges in the past two years. One is the first ever bridge in the country that is used solely for mass transportation, cyclists, and pedestrians but not personal vehicles.
We also built a new bridge in the deep SE part of the city which has brought about a massive building boom in that part of town. I have personally witnessed this boom since I live blocks away from the new bridge and can't walk more than a block without coming across a new house, apartment complex, or business being built.
These new bridges have dramatically changed the way people get to and from downtown Portland while also giving rise to dozens of new restaurants and shops that have opened nearby.
And Portland is not alone. Seattle is in a massive economic boom that makes what's going on in Portland look like child's play. They've been able to do so while also having the highest minimum wage in the country. San Francisco, Oakland, Los Angeles, and countless other west coast cities are experiencing the same growth.
My point is that it's a bit of a stretch to claim that "all progress has focused on eliminating economies in favore of cheaper, easier and faster channeling of money into private hoarding."