Quote by Eric Alterman

The ability of the 1 percent to buy politicians and regulators is nothing new in American politics - just as inequality has been a permanent part of our economic system. This is true of virtually all political and economic systems.

The ability of the 1 percent to buy politicians and regulato

Summary

This quote suggests that the wealthy elite, referred to as the "1 percent," has historically possessed the power to influence and control policymakers and regulatory bodies in American politics. It argues that this phenomenon is not exclusive to the United States, but rather a common feature in various political and economic systems worldwide. Similarly, the quote implies that inequality is an inherent and enduring aspect of economic structures throughout history.

Topics

Politics

By Eric Alterman

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