Tag: Oligarchy

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The Iron Law of Oligarchy Returns

Thomas Piketty's "Capital in the Twenty-first Century."

America likes to think of itself as a land of the Great Middle Class with a government “of, by and for the people.” But that reality has changed drastically over the past several decades, as money and power have created a…

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America’s Mad Dash to Oligarchy

Mr. Moneybags from the "Monopoly" game

Since Ronald Reagan’s “supply-side” tax cuts for the rich followed by other giveaways like eliminating the “death tax” so billionaires can pass on their fortunes to lucky heirs the United States has been on a mad dash to oligarchy, as Bill Moyers…

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