Why Democracy Needs the Rich

Why Democracy Needs the Rich

At one time, the rich could generally count on the Republican Party not begrudging them financial success, even of the outlying variety. That’s no longer the case. Arguments that such elites may be bad for America, and maybe just bad, period, now come from both sides of the political spectrum. Some even propose class genocide. “Billionaires should not exist,” said Vermont Senator Bernie Sanders when introducing a plan for a new wealth tax. In Wh…

How the Rich Improve Our Democracy

Subscribe nowListen on SpotifyTranscript PDF116KB ∙ PDF fileDownloadDownloadJohn McGinnisSubject: How the Rich Improve Our DemocracyBio: Constitutional Law Professor at Northwestern Law School and Author of Democracy Needs the RichTranscript:Larry Bernstein:Welcome to What Happens Next. My name is Larry Bernstein. What Happens Next is a podcast which covers economics, politics, and history. Today’s topic is How the Rich Improve Our Democracy.Our…