archive

Conspiracy of the plutocrats

Joseph Fishkin and William E. Forbath (Texas): The Anti-Oligarchy Constitution. Nathan J. Kelly (Tennessee) and Thomas Volscho (CUNY): The Politics of Oligarchy: Taxation, Financial Regulation, Power Resources, and the Super-Rich in the United States, 1918-2012. The last time fatcats tanked the economy, the backlash was huge — why didn't that happen this time? John B. Judis on explaining the power of 21st century plutocracy. In today’s America, a rising tide lifts all yachts. From Salon, free markets killed capitalism: Thomas Frank interviews Barry Lynn on Ayn Rand, Ronald Reagan, Wal-Mart, Amazon and the 1 percent’s sick triumph over us all; and Elias Isquith interviews Matt Taibbi, author of The Divide: American Injustice in the Age of the Wealth Gap (and more). Nick Hanauer on how the pitchforks are coming — for us plutocrats. Kevin Mahnken on the most interesting dynasty in American politics today: The Ricketts clan has clashing passions — and designs on greater power. The Sun Valley "Summer Camp for Billionaires" is boring as hell. Conspiracy of the plutocrats: Sean McElwee interviews Gabriel Zucman on how the world's wealthiest are scamming governments for trillions. As people get richer, they are more likely to feel entitled, to exploit others, and to cheat — that extends to politics too. Robert Reich on the rise of the non-working rich. Today's wealthy are far more likely to have inherited their fortunes — here's why that's going to doom our politics. Hamilton Nolan on how paying taxes is patriotic, dodging taxes is unpatriotic. Wealthier New Yorkers aren’t fleeing the city for tax havens, a study says. A fancy Upper West Side building will have a separate door for poor people. Are calls for income redistribution based on envy or justice?