survivor001
Verified User
I believe this fact holds true currently in 2019. As a result of 45 and his antigovernment conspiring GOPer cronies attacking the working and middle class with tax hikes and theft to please their corrupt rich oligarch minded cronies, it apperars a society cannot exist as a result of the terrible corruption that a oligarch comprises of where the 1%ers do not pay their own taxes but prey on the working and middle class, which is also a threat on the economy. If it were not for the working and middle class who pay 99% of taxes at carrying the 1%ers, there would be no economy and as such no arrogant, greedy and uncivilized oligarch. This is because the working and middle class maintains the stability of democracy and the economy, and to which these self-proclaimed pompous oligarchs depend on for their own corrupt survival. Additionally it is the corrupt oligarch mindset that lawlessly compromised the academic and accreditation integrity of universities and colleges in which rich 1%ers felt that they were entitled to buy their kids' way into college. This instead of respecting the due process of fair university entrance standards that also robbed many qualified students of their opportunity to be admitted. As such, in a civilized society, a oligarchy would be inferior to democracy or any other type of social ideology.
"But, as I make clear in my recent backgrounder, “Does Rising Inequality Threaten Democracy?” the empirical evidence supporting these claims is surprisingly weak given the ubiquity of the belief that wealthy donors have become a caste of oligarchs.
In fact, the data show that the upper, middle, and lower class do not differ very much in their policy preferences.
Martin Gilens and Benjamin Page, professors at Princeton University and Northwestern University, respectively, who conducted one of the most frequently cited studies on the alleged political power of the rich, find that the preferences of high-, median-, and low-income earners are “fairly highly correlated.”
This is actually a significant understatement. The correlation between the policy preferences of the top 10 percent of income earners and median income earners is 0.94 (a correlation coefficient of one would indicate identical preferences)."
source: No, America Is Not an Oligarchy Run by the Ultra-Rich by John York, retrieved from dailysignal .com
"But, as I make clear in my recent backgrounder, “Does Rising Inequality Threaten Democracy?” the empirical evidence supporting these claims is surprisingly weak given the ubiquity of the belief that wealthy donors have become a caste of oligarchs.
In fact, the data show that the upper, middle, and lower class do not differ very much in their policy preferences.
Martin Gilens and Benjamin Page, professors at Princeton University and Northwestern University, respectively, who conducted one of the most frequently cited studies on the alleged political power of the rich, find that the preferences of high-, median-, and low-income earners are “fairly highly correlated.”
This is actually a significant understatement. The correlation between the policy preferences of the top 10 percent of income earners and median income earners is 0.94 (a correlation coefficient of one would indicate identical preferences)."
source: No, America Is Not an Oligarchy Run by the Ultra-Rich by John York, retrieved from dailysignal .com
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