We are losing what’s left of our democracy.
Over the last generation, the complex interrelationship of the global economy and our tax laws has concentrated more and more of the fruits of our economy into the hands of fewer and fewer people. As this trend has continued, another more sinister effect of wealth inequality has emerged: the growing inequality of political power.
Say what you will about wealth distribution. But no one can claim that the founders intended our republic to be the servant of the wealthiest. The founders had in mind a government that was the servant of all the people and that was dependent on the common citizen. They recognized that we are all “created equal,” and that each of us has same political power as our neighbor. This is a beautiful ideal and we have strayed far from it.