Inequality versus democracy

Bernie breaks it down:

The United States cannot prosper and remain a vigorous democracy when so few have so much and so many have so little. While many of my congressional colleagues choose to ignore it, the issue of income and wealth inequality is one of the great moral, economic and political crises that we face – and it must be dealt with.

The unfortunate reality is that we are moving rapidly toward an oligarchic form of society, where a handful of billionaires have enormous wealth and power while working families have been struggling in a way we have not seen since the Great Depression….

Growing income and wealth inequality is not just an economic issue. It touches the very foundation of American democracy. If the very rich become much richer while millions of working people see their standard of living continue to decline, faith in government and our democratic institutions will wither and support for authoritarianism will increase. We cannot let that happen.

Read the remedies he proposes here.