The US is an oligarchy, study concludes [View all]

[Javaman]

http://www.bbc.com/news/blogs-echochambers-27074746

After sifting through nearly 1,800 US policies enacted in that period and comparing them to the expressed preferences of average Americans (50th percentile of income), affluent Americans (90th percentile) and large special interests groups, researchers concluded that the United States is dominated by its economic elite.

The peer-reviewed study, which will be taught at these universities in September, says: "The central point that emerges from our research is that economic elites and organized groups representing business interests have substantial independent impacts on US government policy, while mass-based interest groups and average citizens have little or no independent influence."

Researchers concluded that US government policies rarely align with the preferences of the majority of Americans, but do favor special interests and lobbying organizations: "When a majority of citizens disagrees with economic elites and/or with organized interests, they generally lose. Moreover, because of the strong status quo bias built into the US political system, even when fairly large majorities of Americans favor policy change, they generally do not get it."

The positions of powerful interest groups are "not substantially correlated with the preferences of average citizens", but the politics of average Americans and affluent Americans sometimes does overlap. This merely a coincidence, the report says, with the interests of the average American being served almost exclusively when it also serves those of the richest 10 per cent.

More at link...

-----------------------------------------------------------

after a bit of googling, I wasn't able to locate a single U.S. news outfit that carried this story.