Do We Need To Fear Oligarchs? Part 2.

I have decided to extend this story beyond 2 posts. Part 3 tomorrow.

Worse than promoting an analysis about the so-called wage ‘gap’ which hides more than it explains, Reich is using that argument to go beyond economics and make a political argument which is also not only half baked but is completely wrong. And the argument is how both the American economy and now the American political system is increasingly controlled by an oligarchy of wealth and power which is slowly but surely erasing the democratic principles which protect the average American both at work and at home.

Reich’s argument is spelled out in his book, The System, Who Rigged It and How We Fix It, which came out during the Pandemic uses examples from Trump’s response to Covid-19 to explain how and why oligarchical control has loused everything up. His proof about the dangers of oligarchy is the degree to which the working class was offered little protection from the ravages of the virus, hence the United States had the highest mortality of any country at all.

Of course, it goes without saying, although Reich finds multiple ways to say it, that the disparities in medical care between the rich and the poor is simply another example of how the oligarchs get everything and the rest of us get little or nothing in a society based on wealth and power to the extreme, i.e., what America has become particularly in the Age of Trump.

Contrasting the difference in health outcomes between the upper class and the lower…