The Exorbitant Privilege of Racist White Voters

by Charles Mudede dkfielding/gettyimages.com
Early this year, the French economist Thomas Piketty posted a paper, "Brahmin Left vs. Merchant Right: Rising Inequality & the Changing Structure of Political Conflict" (PDF), that pointed out recent macro-level political developments in three major capitalist democracies (UK, France, and US). These states are converging to a political order that has two political parties, which are run by two elite groups in their societies: the highly educated a