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The Free-Trade Regime: Oligarchy in Action


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The Free-Trade Regime: Oligarchy in Action

The United States is not really a democracy. That’s the (simplified) conclusion of a recent study from Princeton University. Instead, economic elites and special interest groups enjoy tremendous sway in Washington, while “the preferences of the average American appear to have only a minuscule, near-zero, statistically non-significant impact upon public policy.”