O'Reilly logo

Screwed by Thom Hartmann

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

PART II Democracy Requires a Middle Class

Since the so-called Reagan revolution cut multimillionaires’ income taxes by more than half, wealth has concentrated in America in ways not seen since the Robber Baron Era or, before that, prerevolutionary colonial times. Meanwhile poverty has exploded, and the middle class is under economic siege.

And now come the new feudal lords—the most wealthy and powerful families in America—lobbying Congress that they should retain their stupefying levels of wealth and the power it brings, generation after generation. They say that democracy doesn’t require a strong middle class and that Jefferson was wrong when he said that “overgrown wealth” could be “dangerous to the State.” They fight against an inheritance ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required