Do you see any characteristics of an oligarchy in America?
Some say yes due to a concentration of wealth in the hands of a few. Do you agree with this? Do you see any other characteristics?
I think we're certainly headed in that direction:
The 400 wealthiest individuals on the Forbes 400 list have more wealth than the bottom 150 million Americans---and their wealth is growing, while that of those at the bottom is shrinking.
In 2010, 25 of the 100 largest U.S. companies paid their CEO more than they paid in U.S. taxes. 15 Fortune 500 companies paid no taxes at all in 2014.
There are 22 corporate lobbyists for every member of Congress. 50% of members of Congress become lobbyists when they leave office.
If an oligarchy is the concentration of wealth and power among a small group of people, I think we're well on our way.
I'm also finding a lot of statistics such as yours that I didn't know previously. It's shocking that some hedge fund managers earning billions pay less in taxes than their secretaries or administrative assistants!
I think there was one Presidential race in the past 30 years that did NOT include a Bush or Clinton on either side as a president or VP.
"I have a phone and a pen! " Someone has been heard to say on the airwaves. They believe those are all you need to change the policy of the country. They have been rather successful in doing so
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