Tag Archives: American aristocracy

What the rollback of the Estate Tax is costing the American people

I’m not much of a sports fan, but the recent news coverage on George Steinbrenner’s death sent me to the internet looking for the backstory on how he came to be the principal owner of the New York Yankees baseball franchise. (I was curious as to whether or not the team was inherited. It wasn’t. […]

Posted in Economics, Politics | Also tagged , , , , , , , , , , | 40 Comments

Plutocracy in America

The Nation just ran a good piece on American Plutocracy. Plutocracy, for those of you who don’t know, is a political system in which those with wealth rule. Under such a system, opportunities for social mobility are limited, and there’s an enormous disparity between those with money (and power) and those without it. Of particular […]

Posted in Economics, Politics, Rants | Also tagged , , , , , , , , | 42 Comments

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