America’s Surge Toward Oligarchy
April 24, 2014Exclusive: 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.
By JP Sottile
Is America an oligarchy? Thanks to a new study from Martin Gilens of Princeton University and Benjamin I. Page of Northwestern University, social media, Op-Ed pages and the blatheri are all atwitter at the implication that American democracy is a sham.
In Testing Theories of American Politics: Elites, Interest Groups, and Average Citizens, Gilens and Page used a data-set of 1,779 policy issues from 1981 to 2002 to compare actual policy outcomes with the prevailing policy preferences of three income groups: “10th income percentile (quite poor), the 50th percentile (median), and the 90th percentile (fairly affluent).”
Not surprisingly, the policy desires of the 90 Percenters (earning at least $146,000 per year) are the most likely to become policy outcomes.
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