Winner-take-all Politics: How Washington Made T... -

This political muscle led to deregulated financial markets, tax cuts for the hyper-wealthy, and a system where "banks are organized; their customers are not".

While labor unions and middle-class advocacy groups declined, corporate interests organized into powerful lobbying machines. Winner-Take-All Politics: How Washington Made t...

Between 1979 and 2007, the richest 1% saw their income grow by 256% , while the bottom 80% grew by only 20% . This political muscle led to deregulated financial markets,

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? In their book , political scientists Jacob S

Instead of a rising tide lifting all boats, they describe an economy where "yachts are rising, but dinghies are largely staying put". The Culprit: Organized Politics

The authors found that economic growth didn't just favor the "educated"—it favored the , and even more so the top 0.1% .