“We can have democracy in this country, or we can have great wealth concentrated in the hands of a few, but we can’t have both.” –Louis Brandeis
By Jim Miller
In the wake of the McCutcheon decision, there was a brief flurry of outrage about the growing power of moneyed interests in our politics, but it predictably ebbed. One might reasonably argue that this is because the American public has become immune to such bad news.
Indeed, a cursory survey of the media over the last couple of weeks alone is enough to give any concerned citizen a depressing snapshot of where we are now with regard to wealth versus commonwealth.
The New York Times reports that “Corporate Profits Grow and Wages Slide” noting that, “Corporate profits are at their highest level in at least 85 years. Employee compensation is at the lowest level in 65 years.”