What is an Oligarchy?

10. Is the United States Becoming an Oligarchy?

Economists predict that the U.S. is headed this way. One giant warning flag is the widening of the gap between rich and poor. Since 1979, the incomes of the top one percent of earners rose over 400 percent while that of the remaining 99 percent has stagnated. A recent study found policies favored by the richest ten percent of Americans pass more often than those of the poorest 50 percent. Essentially, if the rich oppose a policy, it is unlikely to pass, regardless of how many middle-class Americans favor it.

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