The US has now BECOME the 18th century European oligarchy we fought our war of independence to define ourselves against
Originally posted on Diane Ravitch's blog:
Our economy is changing in ways that are alarming. Income inequality and wealth inequality are at their highest point in many decades; some say we are back to the age of the robber barons. Most of the gains in the economy since the great recession of 2008 have benefitted the 1%, or even the 1% of the 1%. The middle class is shrinking,…