still ignoring this boomers?
"Then thereโs the democratic dimension, which gets almost no attention. Previous dominant classes held power through class, race or institutional controlโnot raw democratic headcount. Boomers were the largest voting bloc [by eligibility or participation?] in American history for nearly four consecutive decades, from roughly 1978 until the mid-2010s. That means the policies that shaped housing markets, the tax treatment of capital gains, the defunding of public universities and the dismantling of defined-benefit pensions were debated and passed during a period when Boomers were the decisive electoral constituency. They didnโt just benefit from the system. They voted for it repeatedly at the precise moment when their demographic weight and financial self-interest were in perfect alignment. No prior privileged class had that combination of democratic legitimacy and self-interested policymaking available simultaneously at this scale."
I made it bigger in case you haven't been to the optometrist recently
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Crnr2Crnr ·