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Author: Robert Reich

Democracy vs. Oligarchy: The real American divide is not Left vs. Right

When oligarchs fill the coffers of political candidates, they neuter democracy. I keep hearing that the Democratic party has moved “left” and that some Democratic candidates may be “too far left.” But in this era of unprecedented concentration of wealth and political power at the top, I can’t help wondering what it means to be “left.” A half-century ago, when America had a large and growing middle class, those on the “left” sought stronger social safety nets and more public investment in schools, roads and research. Those on the “right” sought greater reliance on the free market. But as...

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Politics and Puppets: How oligarchs profit from Trump’s division of Americans

For a century the GOP has been bankrolled by big business and Wall Street. Trump wants to keep the money rolling in. His signature tax cut has helped U.S. corporations score record profits and the stock market reach all-time highs. To spur even more corporate generosity for the 2020 election, Trump is suggesting more giveaways. Trump wants to expand his working-class base. In rallies and countless tweets he claims to be restoring the American working class by holding back immigration and trade. Incumbent Republicans and GOP candidates are mimicking Trump’s economic nationalism. Keeping the GOP the Party of Big...

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Amazon’s HQ2 further divides America and leaves cities like Milwaukee behind

Tomorrow’s technologies are flocking to hubs of innovation on the east and west coasts, while everyone else is left being left behind. Amazon has decided that its much-vaunted “second headquarters” will be split between Long Island City in Queens, and Crystal City, across the Potomac from Washington DC. Amazon’s decision coincides with America’s political tumult. Its main headquarters is in Seattle, one of the most liberal cities in the most liberal of states. Its picks – New York and metropolitan Washington – are liberal, too. Amazon could easily have decided to locate its second headquarters in Indianapolis, Indiana. After...

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