Advancing Research • Shaping Policy • Developing Leaders
Hacker and Loewentheil on Big $$$ and the Economy
Jacob Hacker and Nate Loewentheil wrote a new piece for Democracy: A Journal of Ideas on how big money corrupts the U.S. economy.
In the article, they argue that market winners write the rules, adding to their advantages and trampling over other priorities. The result is an erosion of public trust in government, growing public cynicism, and an economy that work less well for those without the clout to invest in politics.