[Salon] Why the U.S. prioritized the 1% over the middle class starting in the 80s

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Subject: [Salon] Why the U.S. prioritized the 1% over the middle class starting in the 80s
From: Chas Freeman <cwfresidence@gmail.com>
Date: Sat, 1 Feb 2025 08:12:27 -0500
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https://x.com/mitchpresnick/status/1884874918300717427

I used to wonder why the U.S. prioritized the 1% over the middle class starting in the 80s. After all, the ultra-wealthy can only buy so many pillows and cars—hardly enough to drive a consumer-driven economy. Then it hit me: the 1% contributes more to political campaigns than the next 30% combined.

https://x.com/ScottCDunn/status/1884952002033242183

Years ago, a professor named Larry Lessig (@lessig) dived deep into political campaigns and estimated that SuperPACs are 60% by the top 1%. I think the number is higher now.

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