Politics

Yes, wealth concentration is insane. But the ways in which wealth is shifting are surprising—and give reason for a little optimism.

In an age of oligarchy, one should try to know one’s overlords—how they made their money, and where they want to take the country. By looking at the progress of the super-rich --- in contrast with most of us --- one can see the emerging and changing dynamics of American wealth.  read more »

America’s baby boomers, even as they increasingly enter retirement, continue to dominate our political economy in ways no previous group of elderly has done. Sadly, their impact has also proven toxic, presenting our beleaguered electorate a likely Hobbesian presidential choice between a disliked, and distrusted, political veteran and a billionaire agitator most Americans find scary.

Throughout the campaign, boomers have provided the bedrock of support for both Hillary Clinton and Donald Trump. Bernie Sanders may have devastated Clinton among millennial voters, by almost 3-1, but she has more than offset that gap by winning overwhelming support from older voters.  read more »

Trump envisioned and created today’s city of white boxes for rootless new money types, who dominate the city even as they leave little mark here.

An old joke—that in heaven, the Italians do the cooking; in hell, they run the government—feels a lot darker now that American politics are taking an Italian turn.  read more »

The increased likelihood of Donald Trump as the GOP presidential nominee, as evidenced by his win in Florida and other states last week, spells the end of the Republican Party as we have known it. Successful political parties unite interests under a broadly shared policy agenda. The Clinton Democrats may seem ethically challenged, condescending and bordering on dictatorial, but they share basic positions on many core issues and a unifying belief in federal power as the favored instrument for change.  read more »

California may be the country’s most important and influential state for technology, culture and lifestyle, but has become something of a cipher in terms of providing national political leaders. Not one California politician entered the 2016 presidential race in either party and, looking over the landscape, it’s difficult to see even a potential contender emerging over the coming decade.  read more »

After Tuesday night’s primary results, the presidential race is now all but settled among Democrats, and the fractured Republican field seems far along on their suicide mission to hand the White House to Hillary Clinton, a woman who as many as two-thirds of all Americans dislike, according to a recent poll.  read more »

This year’s Super Tuesday primaries will give both parties a chance to decide which of their candidates offers the best policy prescriptions to address the nation’s challenges.  Surprisingly for a campaign that is supposedly focused on America’s future, many of the ideas being proposed echo proposals from America’s past.  It’s almost as if the ghosts of not just Ronald Reagan, but Huey Long, William Jennings Bryan, and Norman Thomas have come back to haunt us, making this one of the scariest presidential campaign seasons in recent memory.  read more »

Until now, the presidential campaign largely has been dominated by issues of class, driving the improbable rise of both Donald Trump and Bernie Sanders. But as we head toward Super Tuesday – which will focus largely on Southern states – racial issues may assume greater importance.  read more »

This essay is part of a new report from the Center for Opportunity Urbanism called "America's Housing Crisis." The report contains several essays about the future of housing from various perspectives. Follow this link to download the full report (pdf).

The public’s preference and the views of the social and intellectual elite has never been greater.  read more »

Neither Trump nor Sanders started the nation’s current class war—the biggest fight over class since the New Deal—but both candidates, as different as they are, have benefited.

Class is back. Arguably, for the first time since the New Deal, class is the dominant political issue. Virtually every candidate has tried appealing to class concerns, particularly those in the stressed middle and lower income groups. But the clear beneficiaries have been Trump on the right and Sanders on the left.