NewAmericaFoundation | September 20, 2010
In Winner-Take-All Politics: How Washington Made the Rich Richer – And Turned Its Back on the Middle Class, Jacob S. Hacker of Yale and Paul Pierson of Berkeley argue that America’s money-addicted and change-resistant political system is at the heart of the enormous and rapidly growing income inequality that they say is undermining America’s economic and political stability.
Robert Solow, Nobel Laureate in Economics, says of Winner-Take-All Politics: “Hacker and Pierson argue strongly that the concentration of income at the top is not just the work of deep economic forces. It is aided and abetted by politicians who favor the very rich or allow policies that once favored the rest of us to erode. Hacker and Pierson look closely, sharply, and entertainingly at the way that interest-group politics and the political power of money have allowed this travesty of democracy to happen. This book is a wake-up call. Read it and wake up.”
Kevin Drum of Mother Jones describe the book as “the most complete and sustained explanation I’veever read of why, over the past 30 years, America has gone the direction it has even while most other countries haven’t….a 300-page ‘Aha!’ moment.”