Plutocracy defined6/10/2023 ![]() ![]() Ayanna Pressley Calls for 'Unrest in the Streets' Over the Failures of the Trump Administration." Accessed July 26, 2021.įederal Reserve Bank of St. ![]() " Kamala Harris Tweeted Support for a Bail Fund, But the Money Didn’t Just Assist Protesters," Accessed July 26, 2021.īlack Enterprise. " Small Businesses Already Hurt by Coronavirus Face More Devastation Due to Looting." Accessed July 26, 2021. " Tech’s Top Seven Companies Added $3.4 trillion in Value in 2020." Accessed July 26, 2021.ĪBC News. Job Losses and Pandemic Profiteers." Accessed July 26, 2021.ĬNBC. " The Effects of the COVID-19 Pandemic on Small Businesses," Accessed July 26, 2021. " Pandemic Revives Calls To Ban Lawmakers From Bunking In Their Offices," Accessed July 26, 2021. " Majority of Lawmakers in 116th Congress Are Millionaires." Accessed July 26, 2021. " How Increasing Wealth Concentration and Inequality Leads to Less Generous State Welfare Policies." Accessed July 26, 2021.Ĭenter for Responsive Politics. " Testing Theories of American Politics: Elites, Interest Groups, and Average Citizens." Accessed July 26, 2021. " American Plutocracy." Accessed July 26, 2021.Ĭambridge University. ![]() " Wealth of Congress: Richer Than Ever, but Mostly at the Very Top." Accessed July 26, 2021. The concern of inadvertently creating a plutocracy is that the regulatory focus will be narrow and concentrated on the goals of the wealthy, creating even more income and asset-based inequality. Instead, it can be created through the allowance of access to certain programs and educational resources only to the wealthy, thereby making it so that the wealthy hold more sway. Plutocracy doesn't have to be a purposeful, overt format for government.
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