Tag Archive for Vicious Cycle

At Stake in 2016: Ending the Vicious Cycle of Wealth and Power

vicious_circle

By Robert Reich – What’s at stake this election year? Let me put as directly as I can. America has succumbed to a vicious cycle in which great wealth translates into political power, which generates even more wealth, and even more power. This spiral is most apparent is declining tax rates on corporations and on…