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Saturday, January 15, 2022

The Class War—Waged and Being Won by the Rich—Is Destroying US Democracy

 12/15/2021- Jeffrey Sachs

The US has become a country of the rich, by the rich, and for the rich and we remain in the throes of a struggle to overcome decades of political corruption and social neglect.

Almost a year after Joe Biden's narrow election victory over Donald Trump, the United States remains on a knife-edge. Many political outcomes are possible. These range from the gradual economic and political reform that Biden is seeking to the subversion of elections and constitutional rule that Trump attempted last January—and that he and the Republican Party are still intent on pursuing.

It's not easy to diagnose exactly what ails America at its core so deeply that it incited the Trump movement. Is it the ceaseless culture wars that divide America by race, religion, and ideology? Is it the increase in inequality of wealth and power to unprecedented levels? Is it America's diminishing global power, with the rise of China and the repeated disasters of US-led wars of choice leading to national agony, frustration, and confusion?