Unequal Democracy by Larry Bartels

The Political Economy of the New Gilded Age

Combining statistical analysis of public opinion, voting records, and economic data, the work shows that rising U.S. income inequality since the late 20th century has been reinforced by political processes that are far more responsive to affluent citizens than to middle- and lower-income voters. Policies such as tax cuts, deregulation, and budget priorities have tended to favor the wealthy, while electoral dynamics, campaign finance, and partisan strategies contribute to skewed representation and limited policy redress for the poor. The result is a political economy in which market forces and democratic institutions interact to concentrate income and influence at the top.

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