A new form of American capitalism

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It’s no longer debatable: The system makes the big, bigger and the rich, richer. The rest of America stagnates or suffers. Since 1980, the incomes of the top 1%tripled, the top 10% doubled, and the bottom 60% of prime-age workers were flat. This may manifest on the campaign trail as a referendum not only on reversing the tax cuts and implementing a Green New Deal, but then moving in the exact opposite direction — President Donald Trump as the last gasp of trickle-down economics. It's hard to imagine a more worthy debate at a more important time for America. It's tempting to fixate on Trump. But the real action is the policy and philosophical debate unfolding before us.


A new form of American capitalism