New Study : US is An Oligarchy, Not A Democracy
New Study : US is An Oligarchy, Not A Democracy

New Study : US is An Oligarchy, Not A Democracy

From the department of No Duh, a study from Princeton and Northwestern Universities supports the thesis that the United States of America is not a republic in substance but rather an oligarchy where the rich rule and the majority are irrelevant to policy decisions.

The researches analyzed data from about 1,800 policy initiatives from 1981-2012. They found that among three groups: Americans representing the 50th percentile of income, Americans in the 90th percentile and major lobbying groups, the government acted in the best interests of the last two more often.

They also discovered that as of September 2013, the top one percent of earners brought in 95 percent of all raises of income since the Great Depression. The remaining 99 percent experienced a net 12 percent dive to their income.

These findings indicate that America has been undergoing this transition for about 70 years, and is not a result of any one decision. But the failure of Congress to act on certain initiatives, such as mandatory background checks on gun sales that over half of Americans support, is an indication of our new political climate.

Agencies/Canadajournal




  • About News

    Web articles – via partners/network co-ordinators. This website and its contents are the exclusive property of ANGA Media Corporation . We appreciate your feedback and respond to every request. Please fill in the form or send us email to: [email protected]

    Check Also

    Brian Laundrie news: 'We're not wasting our time,' police commander says

    Brian Laundrie news: ‘We’re not wasting our time,’ police commander says

    VENICE, Fla. – Six days into the search for Brian Laundrie, police in North Port …

    Leave a Reply