How Washington Enriched the Rich

“The clearest explanation yet of the forces that converged over the past three decades or so to undermine the economic well-being of ordinary Americans is contained in the new book, ‘Winner-Take-All Politics: How Washington Made the Rich Richer — and Turned Its Back on the Middle Class.’ The authors…argue persuasively that the economic struggles of the middle and working classes in the U.S. since the late-1970s were not primarily the result of globalization and technological changes but rather a long series of policy changes in government that overwhelmingly favored the very rich…the result of increasingly sophisticated, well-financed and well-organized efforts by the corporate and financial sectors.”