The shift from a focus on growth to one on what is fashioned as sustainability has proven a boon both for the public sector, particularly those working in regulatory agencies and politicians who now have new ways to elicit contributions,
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Unlike the grandees of Wall Street or the energy industry, the tech Oligarchs have so far experienced relatively little of the criticism commonly directed at Wall Street or energy executives for their huge compensation levels. They, it appears, are different
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Perhaps nothing reflects the descent of the Yeomanry better than the fading role of the ten million small businesses with under 20 employees, which currently employ upwards of forty million Americans. Long a key source of new jobs, small business
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Whether their views are right or wrong on a particular issue, the scientific community has taken on a partly theological character, with top scientists achieving something of the role of supreme clerics. This approach ignores the reality that widely held
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In our present “age of elites,” as author Chrystia Freeland has dubbed it, this ideological shift among the rich, particularly the new rich, is critical to understanding the new class order. Some of the nation’s wealthiest regions, many of which
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The Golden State is now home to 111 billionaires, by far the most of any state. In total, California billionaires personally hold assets worth $485 billion, more than the entire GDP of all but 24 countries in the world. At
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Like the Russian oligarchs, the moguls of turn- of- the- twentieth- century America have become so powerful because, unlike many firms in other industries, software giants such as Google, Facebook, Microsoft, and Oracle face still limited foreign or domestic competition.
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Between 2001 and 2011, the number of nonprofits increased 25 percent to over 1.5 million today. Their total employment has also soared and at 10.7 million in 2010 was larger than that of the construction and finance sectors combined, expanding
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Gentry liberalism effectively amounts to a sea change in what is now widely referred to as progressive politics. In the new formulation, the great raison d’ê tre for left- wing politics— advocating for the middle and working classes— has been
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From The National Review George Will writes Government for the Strongest and Richest Intellectually undemanding progressives, excited by the likes of Senator Elizabeth Warren (D., Mass.) — advocate of the downtrodden and the Export-Import Bank — have at last noticed
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