Tag: Wealth Inequality

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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…

America’s Surge Toward Oligarchy

Timothy Geithner (left), then Treasury Secretary, meeting with President Barack Obama in the Oval Office. (White House photo)

Exclusive: With the rapid concentration of wealth in a few well-manicured hands and the right-wing U.S. Supreme Court declaring money to be speech, the American surge toward oligarchy has gained what looks like an unstoppable momentum, as JP Sottile explains.