A new report provides perhaps the best detail we have so far on the economic and social consequences of neo-liberal economic policies in America.
A host of indicators show that the middle class is struggling-and worse, shrinking-and that upward mobility is elusive for many Americans. Meanwhile, evidence abounds that the U.S. political system is increasingly dominated by wealthy interests . . . What is less understood, though, is the interplay between these two problems-the way that a tilting of political life toward business and the wealthy has served to undermine economic mobility.
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