Washington Made T... — Winner-take-all Politics: How
The authors found that economic growth didn't just favor the "educated"—it favored the , and even more so the top 0.1% .
In their book , political scientists Jacob S. Hacker and Paul Pierson present a "detective story" that investigates why American economic inequality has skyrocketed since the late 1970s. The Central Mystery: Who Stole the Middle-Class Dream? Winner-Take-All Politics: How Washington Made t...
While labor unions and middle-class advocacy groups declined, corporate interests organized into powerful lobbying machines. The authors found that economic growth didn't just
Elite interests didn't always need to pass new laws. Often, they just had to block updates to old ones—a tactic called "drift"—letting inflation and market changes erode middle-class protections like the minimum wage or labor laws. The Central Mystery: Who Stole the Middle-Class Dream
Between 1979 and 2007, the richest 1% saw their income grow by 256% , while the bottom 80% grew by only 20% .