Why Do the Rich Have So Much Power?

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Written by Paul Krugman 1 July 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