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The triumph of the American oligarchs

By Robert B. Reich, Tribune Content Agency on

Truth to tell, they don't even care that much about America because their personal and financial interests are global.

They are living in their own separate society, and they want Congress and the president to represent them, not the rest of us.

The Republican Party is their vehicle. Fox News is their voice. Trump is their champion. The new tax plan is their triumph.

But if polls showing most Americans against the tax cut are any guide, that triumph may be short-lived. Americans are catching on.

The recent electoral results in Virginia and Alabama offer further evidence.

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A tidal wave of public loathing is growing across the land -- toward Trump, the GOP and the oligarchs they serve; and toward the deception, the wealth and the power that underlies them.

That wave could crash in the midterm elections of 2018. If so, the current triumph of the oligarchs will be the start of their undoing.

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(Robert Reich, a former U.S. Secretary of Labor, is professor of public policy at the University of California at Berkeley and the author of "Saving Capitalism: For the Many, Not the Few," now available in paperback. His film "Inequality for All" is available on Amazon, DVD and On Demand, and his documentary "Saving Capitalism" is now on Netflix. His daily blog is at www.facebook.com/RBReich/.)

 

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