A Princeton University study confirmed what many Americans take for granted, which is the United States is an oligarchy.
An oligarchy is a country that is controlled by a small group of people rather than a republic, in which power is exercised by the people through elected representatives.
The study analyzed policy preferences of average Americans and economic elites across 20 years. The professors concluded that economic elites hold sway over U.S. policy, writing:
“A proposed policy change with low support among economically elite Americans (one-out-of-five in favor) is adopted only about 18% of the time, while a proposed change with high support (four-out-of-five in favor) is adopted about 45% of the time.”
Further, when even a large majority of Americans want a policy to change, they generally don’t get what they want due to the establishment’s inherent bias for the status quo.
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