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Politics & Current Affairs

How Washington Enriched the Rich

“The economic struggles of the middle and working classes…were not primarily the result of globalization and technological changes but…policy changes that favored the very 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.”


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