First-Ever Political Study of Top 1% Has Found Extreme Conservatism, Intense Political Involvement
Billionaires(image by Michael Fleshman) A year ago, to little public notice, the academic journal Perspectives on Politics published a landmark study, "Democracy and the Policy Preferences of Wealthy Americans," by Benjamin Page, Larry Bartels, and Jason Seawright; which reports that, among the American aristocracy, there exists pervasive extreme conservatism, and also a virtual non-stop involvement in politics by them -- in other words, it finds the same two things that writers have hypothesized to exist among aristocracies throughout all of human history. But, for the first time ever, these researchers have now attached precise numbers to these two hypotheses, and have established that this is the way aristocrats actually are. Consequently, the much-noted takeover of "Main Street" by "Wall Street" can be explained by the fact that the aristocracy are far more conservative, and also far more politically active, than the general population are. 12% had, with a White House Official.
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