Showing posts with label plutocrats. Show all posts
Showing posts with label plutocrats. Show all posts

Tuesday, April 15, 2014

The Duh files: Study reveals U.S. is an oligarchy

Well knock me over with a feather!  


By Hamilton Nolan
April 15, 2014 | Gawker

A new study by researchers from Princeton and Northwestern Universities finds that America's government policies reflect the wishes of the rich and of powerful interest groups, rather than the wishes of the majority of citizens.

The researchers examined close to 1,800 U.S. policy changes in the years between 1981 and 2002; then, they compared those policy changes with the expressed preferences of the median American, at the 50th percentile of income; with affluent Americans, at the 90th percentile of income; and with the position of powerful interest and lobbying groups.

The central point that emerges from our research is that economic elites and organized groups representing business interests have substantial independent impacts on U.S. government policy, while mass-based interest groups and average citizens have little or no independent influence. Our results provide substantial support for theories of Economic Elite Domination and for theories of Biased Pluralism, but not for theories of Majoritarian Electoral Democracy or Majoritarian Pluralism...

Recent research by Larry Bartels and by one of the present authors (Gilens), which explicitly brings the preferences of "affluent" Americans into the analysis along with the preferences of those lower in the income distribution, indicates that the apparent connection between public policy and the preferences of the average citizen may indeed be largely or entirely spurious.

The theory of Economic Elite Domination is fairly self-explanatory. The theory of Biased Pluralism holds that policy outcomes "tend to tilt towards the wishes of corporations and business and professional associations." In essence, the researchers found that government policy changes are correlated with the wishes of the wealthy and with interest groups, but not with the wishes of the average American—even though the whole idea of "Democracy" is to ensure that the wishes of the majority tend to carry the day.

The study notes that the position of the median American and the position of the affluent American are often the same; therefore, regular people tend to think that their political interests are being represented when they see the triumph of some political position that they agree with. In fact, the researchers say, this is a mere coincidence. Yes, the average American will see their interests represented—as long as their interests align with the interests of the wealthy.

Furthermore, the study found that the positions of powerful interest groups are "not substantially correlated with the preferences of average citizens," meaning that to the extent that special interests groups have political power, they are driving our government's decision making process away from the interests of the average American. Our current system of a competing thicket of special interest groups all fighting for influence is not equal to a true representation of the wishes of the citizenry. "Whatever the reasons," the study says, "all mass-based groups taken together simply do not add up, in aggregate, to good representatives of the citizenry as a whole. Business-oriented groups do even worse, with a modest negative over-all correlation."

Whether or not the majority of Americans will ever tire of being systematically marginalized remains an open question.

Sunday, June 30, 2013

Sunlight Foundation: 31,385 people control USA

Here's yet another reason wealth inequality is bad: it gives inordinate power to the top one one-thousandth of the U.S. population.  This is plutocracy, not republican democracy!  

Here's how the Sunlight Foundation sums up its study:

The U.S. now has a campaign finance system where a tiny slice of individuals – 31,385 people, not even enough to fill half of a professional football stadium – collectively account for more than a quarter of all individual contributions (that we can trace), even though they represent just one in ten thousand Americans. Every single member of Congress elected in 2012 received a contribution from this group of individuals, and the vast majority of those elected (84 percent) received more money from the "1% of the 1%" than they did from all small donations (under $200).

A tiny sliver of Americans who can afford to give tens of thousands of dollars in a single election cycle have become the gatekeepers of public office in America. Through the growing congressional dependence on their contributions, they increasingly set the boundaries and limits of American political discourse – who can run for office, what their priorities should be and even what can be said in public. And in an era of unlimited campaign contributions, the power of the 1% of the 1% only stands to grow with each passing year.

We need shorter, publicly financed election campaigns!  Then a whole host of "unsolvable" policy problems would be solved naturally, almost immediately.

You gotta read the whole article to see who these people are, where they're from, and how much money they give to whom.  


By Lee Drutman
June 24, 2013 | Sunlight Foundation

More than a quarter of the nearly $6 billion in contributions from identifiable sources in the last campaign cycle came from just 31,385 individuals, a number equal to one ten-thousandth of the U.S. population.

In the first presidential election cycle since the Supreme Court's decision in Citizens United v. FEC, candidates got more money from a smaller percentage of the population than any year for which we have data, a new analysis of 2012 campaign finance giving by the Sunlight Foundation shows. These donors contributed 28.1 percent of all individual contributions in the 2012 cycle, a record high.

One sign of the reach of this elite “1% of the 1%”: Not a single member of the House or Senate elected last year won without financial assistance from this group. Money from the nation’s 31,385 biggest givers found its way into the coffers of every successful congressional candidate. And 84 percent of those elected in 2012 took more money from these 1% of the 1% donors than they did from all of their small donors (individuals who gave $200 or less) combined.

This elite 1% of the 1% dominated campaign giving even in a year when President Barack Obama reached new small donor frontiers (small donors are defined as individuals giving in increments of less than $200). In 2014, without a presidential race to attract small donors, all indicators are that the 1% of the 1% will occupy an even more central role in the money chase.

The nation’s biggest campaign donors have little in common with average Americans. They hail predominantly from big cities, such as New York and Washington. They work for blue-chip corporations, such as Goldman Sachs and Microsoft. One in five works in the finance, insurance and real estate sector. One in 10 works in law or lobbying. The median contribution from this group of elite donors? $26,584. That’s a little more than half the median family income in the United States.

[...]

Saturday, March 16, 2013

Study: Millionaires ARE different

Shocker: millionaires care the more about capital gains taxes and the federal deficit than they do about jobs and a living wage for their fellow Americans. Well knock me over with a feather.


By Joshua Holland
March 11, 2013 | AlterNet

Saturday, December 22, 2012

Ames: Big backers of 'gun-nuttery' have ulterior aims

As usual, Mark Ames has a unique take on events, usually describing how Big Business tries to dumb us down, rile us up, or lull us to sleep at the right moments. He sees the NRA and the larger "gun cult batshittery" as another example, and it's not about guns:

[I]t’s now so deeply ingrained that owning guns is a form of radical subversive politics, the people who still engage in real politics have the pick of the litter. That first became really clear in the depths of the 2008-9 collapse, when a lot of people who thought of themselves as radicals and anarchists made a lot of feckless noise about how they were arming and preparing for the collapse and revolution. They could’ve gone out and organized something and maybe built a politics of people power or even a politics of what they call revolution, a politics that actually changed things. But instead, they locked themselves in their homes and apartments with their guns and fancied themselves political revolutionaries just waiting to be swept up. But no one came. No one bothered or cared. And really, why would any plutocrat or evil government agency bother with the suckers, all harmlessly atomized and isolated and thoroughly neutralized by the false sense of political empowerment that their guns gave them, while you do the real work of plundering budgets, bribing politicians and writing laws even more in your favor?

So while everyone was hiding out in their homes armed and ready for Hollywood finales that never came, in the real world political power was concentrating at warp-speed with zero resistance.

From the oligarchy’s perspective, the people were thoroughly neutralized by the false sense of political empowerment that guns gave them. Guns don’t work in this country — they didn’t work for the Black Panthers or the Whiskey Rebellion, and they won’t work for you or me either.

It takes years to cultivate a political mindset that voluntarily neutralizes itself by convincing itself that its contribution to world revolution comes down to purchasing a few guns at K-Mart, then blogging about it. That’s what reactionary plutocrats like the Koch brothers understood about the deeper politics of gun fanaticism, and why their outfits like the Cato Institute have been at the forefront of overturning gun regulations and promoting "Stand Your Ground" vigilantism as a substitute for political engagement: That by poisoning the political climate, it poisons the minds, which circulates back to the external environment, and back into the minds, until you lock the culture into a pattern in which you always get more and they always get fleeced, which makes them more fanatical and you more powerful...

This is what I missed or ignored about gun control: The longterm view that the Koch brothers and the Scaifes and everyone backing gun-nuttery understood about how gun laws or the absence of those laws can completely transform the surrounding political climate.


By Mark Ames
December 17, 2012 | NSFW CORP