Why Do the Rich Have So Much Power?

Written by Paul Krugman 30 June 2020

“Huge disparities in income and wealth translate into comparable disparities in political influence. To see how this works, let’s look at a fairly recent example: the budgetary Grand Bargain that almost happened in 2011” (Paul Krugman, 2020).

Publisher: NYT

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Categories: Inequality, Tools of Democracy