Home | Blog | Our Oligarchs Can Thank James Madison

Our Oligarchs Can Thank James Madison

April 24, 2014
6732Ryan McMaken writes in today's Mises Daily A recent study from Princeton and Northwestern concluded that the United States is an “oligarchy” ruled by a small group of wealthy elites and interest groups. According to authors Martin Gilens and Benjamin Page:
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.
Are interest groups and wealthy elites more powerful than the average American? Certainly evidence of that is all around us.

Follow Mises Institute

Add Comment