A new book, "Capital in the Twenty-First Century," contends that the dramatically increasing concentration of wealth in the hands of a few (in the United States and globally) fundamentally undermines democracy, according to Thomas B. Edsall of the New York Times.
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This would mean the further deterioration of democracy into nothing more than a sham process to enable a relative few to both own the majority of the nation's and world's assets and own our governance.
http://truth-out.org/buzzflash/commentary/concentrated-wealth-and-democracy-are-incompatible
