Almost as predictably as the sun rises in the East and sets in the West, the rich grow richer. “Wealth concentration in a few hands is the single most enduring economic pattern across all poli­ties from Mesopotamia to the present—rarely interrupted, and then only for brief intervals,” the political scientist Jeffrey Winters, who studies oligarchies (including the United States) at Northwestern Uni­versity, wrote in a 2017 paper. Maintaining dynastic fortunes once required physical might, Winters explained.

Topics:  jeffrey winters   united states    northwestern uni versity   maintaining   america s   boomers   silent generation   ron wyden d-or    sen angus king d-me    walton grat—yes   waltons   sheldon adelson   phil knight   irs   propublica   savvy   bob lord   patriotic millionaires   mother   jones   walton grat    zeroed-out grat   facebook   mark zuckerberg   dustin moskovitz   sheryl sandberg   walmart   moscovitz   sandberg   tax    rolling grat    richard covey   decades   obama   president joe biden s build back better   getting rid   abusive trusts act   grats   audrey walton s   trump   i m   lord   explains    but wyden   inflation reduction act   to wyden s   king s   democrats    the   jeff bezos   winters   in   i   it   united states   i ve    but   congress   grats   senate finance committee   wyden   king   grat   republican   zuckerberg   audrey walton   covey   finance committee   republicans   hate   people   assets   wealth   grantor   years   set   stock   lawyer   fact   law   estate   put   mouse   attorney   lawyers   channel   loosened   term   pass   annual   shares   part   lose   aren   rate   late   popular   reported   wrote   cat-and-mouse   founder   cat   cheese   game   place   payments   blew   stopped   told   completely   passed   
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