2 ms·
Economic power is leveraged into political power. This power is used to maintain the status quo in favor of the currently economically powerful through regulato
by sagarm 7y ago
Economic power is leveraged into political power. This power is used to maintain the status quo in favor of the currently economically powerful through regulatory capture, patronage, and increasingly outright corruption.
We cannot remain an egalitarian democracy if economic power continues to concentrate as it has, regardless of median living standards.