Winner-Take-All Politics

Winner-Take-All Politics: How Washington Made the Rich Richer—and Turned Its Back on the Middle Class is a 2010 book by political scientists Jacob S. Hacker and Paul Pierson. In it the authors argue that contrary to conventional wisdom, the dramatic increase in inequality of income in the United States since 1978—the richest 1% gaining 256% after inflation while the income of the lower earning 80% grew only 20%—is not the natural/inevitable result of increased competition from globalization, but of the work of political forces.

Source: Wikipedia — Winner-Take-All Politics (CC BY-SA 4.0)

Winner-Take-All Politics

Winner-Take-All Politics: How Washington Made the Rich Richer—and Turned Its Back on the Middle Class is a 2010 book by political scientists Jacob S. Hacker and Paul Pierson. In it the authors argue that contrary to conventional wisdom, the dramatic increase in inequality of income in the United States since 1978—the richest 1% gaining 256% after inflation while the income of the lower earning 80% grew only 20%—is not the natural/inevitable result of increased competition from globalization, but of the work of political forces.

Source: Wikipedia "Winner-Take-All Politics" · CC BY-SA 4.0

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