Researchers found that policy outcomes can be predicted w/ a high rate of accuracy if they represent the preferences of the wealthy & certain Interest Groups. Inclusion of the wishes of median income voters always reduced predictive accuracy! /thread
America has had a "plutocratic tendency" from the start. (Can you say "plantation economy"?)
New research finds that knowing the policy interests of the 1% & a few interests groups predicts the likelihood of policy outcomes. arxiv.org/pdf/2008.07338…
New research finds that knowing the policy interests of the 1% & a few interests groups predicts the likelihood of policy outcomes. arxiv.org/pdf/2008.07338…
“Democracy and the Policy Preferences of Wealthy Americans" (2013) captured the policy preferences of top 1% & found they were "much more conservative in such important domains as social welfare programs, taxation, and regulation of the economic system" (link above).
🟡 The very rich get policies they want b/c they're "much more politically active" & their donations = access. But when the rest of us assume we shouldn't bother to be "much more politically active" b/c we don't have $, we lose.
Many who won the greatest changes were poor. #vote
Many who won the greatest changes were poor. #vote
