By contrast, the affluent elites run downhill as the playing field is tilted in their favor. Today, when working class or even middle-class Americans have to compete with the affluent elites, they are not competing on a level playing field. So the first big question we need to address is this: is there a level playing field for the poor and rich? Most Americans believe that they have an equal opportunity to become billionaires. This is also why there is no social resentment of billionaires in America. Many Americans believe that their economic and political systems create a level playing field in which the poor and disadvantaged can rise to the top. The term “level playing field” is absolutely critical here. ![]() ![]() Equally critically, in terms of the economy, society, and political system there is a level playing field where the working classes, middle classes, and affluent elites compete. What is the actual difference between a democracy and a plutocracy? In a democracy, the masses broadly determine their future. Let’s begin to answer this question from the very beginning.
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