Democracy is an illusion! It’s become a political system fostered by the élite, for the élite, in order to fool the people that they have a stake in the system. In actual fact, they have virtually none. The whole political system in the modern era, despite having noble beginnings, is now used to benefit the few at the expense of the many. – Mark Alexander, June 29, 2018
Tuesday 17 July 2018
How a New Aristocracy's Segregation Puts Stress on Society
Growing class division is destabilizing our society, argues author and philosopher Matthew Stewart in a provocative Atlantic magazine cover story. He says there's a group in between the top 0.1 percent and bottom 90 percent that plays an important role in running the economy, while setting up barriers that prevent most from realizing the American dream. Economics correspondent Paul Solman reports.
