Professor Jeffrey Sachs (Harvard) on America's Plutocracy in 2023

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1 year ago
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"This was the billionaires’ election, billionaires of both parties. And while the Republican and Democratic Party billionaires have some differences, what unites them is much stronger than what divides them, a few exceptions aside. Indeed, many of the richest individual and corporate donors give to both parties. The much-discussed left-right polarization is not polarization at all. The political system is actually relatively united and working very effectively for the richest of the rich. "

"The richest of the rich pay for the political system — putting in billions of dollars in campaign and lobbying funds — and garner trillions of dollars of benefits in return. "

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