The real challenge is figuring out how the United States can regain control of its future from its new oligarchy and restore its position as a prosperous, fair, well-educated nation. For if we don't, the current pattern of great concentration of wealth and power will worsen, and we may face the steady immiseration of most of the American population.

Thus far, both political parties have been remarkably clever and effective in concealing this new reality. In fact, the two parties have formed an innovative kind of cartel—an arrangement I have termed America’s political duopoly. Both parties lie about the fact that they have each sold out to the financial sector and the wealthy. So far both have largely gotten away with the lie, helped in part by the enormous amount of money now spent on deceptive, manipulative political advertising.

The real challenge is figuring out how the United States can regain control of its future from its new oligarchy and restore its position as a prosperous, fair, well-educated nation. For if we don't, the current pattern of great concentration of wealth and power will worsen, and we may face the steady immiseration of most of the American population.

You shall hear a good account of me or of my death.

I'm actually all in favor of freeing the entrepreneurial spirit - but it turns out, interestingly, that you actually need very strict regulations to free the entrepreneurial spirit.

When the U.S. government is serious about doing something that's complicated and difficult, it can do it.

A fierce and sentimental addiction to forms makes us shudder at change. It is much easier to say that the system is all right-only the people need to be improved.