In the 1970s, America's richest 1% of earners brought in 11% of national income. By 2014, that had doubled to 20%. Why wasn't there a successful political backlash to skyrocketing inequality? "No matter how wealthy the 1% are, it should be impossible for them to defeat the bottom 50% in a democratic election," he says.
Why has the American political system failed to arrest accelerating inequality, and is there anything we can do about it?
• Ben Ansell is professor of comparative democratic institutions at Oxford and author of “Why Politics Fail”
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