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Partisan Politics and the Road to Plutocracy

In this essay, I take a deep dive into the history of American plutocracy and its conspicuously Republican roots. Written version with detailed sources and methods: https://economicsfromthetopdown.com/2... Support Blair's research: https://economicsfromthetopdown.com/m... Chapters 0:00 - Intro 3:44 - A brief history of Republican red and Democratic blue 6:15 - The party of plutocracy? 6:41 - A coordinated U-turn: Republican fortunes and American income inequality 7:54 - Republican control and plutocracy within US states 10:42 - Republican priorities: measuring the language in state bills 11:33 - The language of class struggle 13:09 - The language of ownership 14:60 - The language of law and order 15:53 - An information mismatch 17:33 - Creating plutocracy: Republican policy in action 18:05 - Suppressing the minimum wage 19:53 - Killing unions 21:06 - Taxing the poor more than the rich 24:17 - Enriching owners 26:37 - Cutting government spending 29:45 - Trickling down or pouring up? Relative income across US states 30:24 - The post-war boom: prosperity at the center 31:15 - The peak of neoliberalism: prosperity on the left 32:06 - The plutocracy is the point 32:54 - The American hustle 33:16 - Working longer hours 34:35 - More bankruptcies 35:53 - More food insecurity 36:43 - Going negative: partisan politics and human welfare 37:03 - More people without health insurance 37:49 - More deaths of despair 39:02 - Lower life expectancy 39:50 - Unhealthy, and aware of it 40:32 - Meta-awareness? 41:17 - The wrong sort of beacon 42:28 - More mass incarceration 43:37 - More crime 44:39 - Cause, effect, or both? 46:07 - How do Republicans win? 47:54 - A deficit of democracy 52:02 - A partisan asymmetry 54:36 - The politics of indoctrination 59:20 - A nudge is all you need 60:56 - The tyranny of riches