27 Quotes by Yascha Mounk
- Author Yascha Mounk
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As Alexander Hamilton and James Madison made clear in Federalist No. 63, the essence of the American Republic would consist—their emphasis—“IN THE TOTAL EXCLUSION OF THE PEOPLE, IN THEIR COLLECTIVE CAPACITY, from any share” in the government.
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With the ratification of the Fifteenth Amendment in 1870, “race, color, or previous condition of servitude” could no longer be used to deny citizens the right to vote (though, in practice, they often were).7 The direct election of senators was established by the Seventeenth Amendment in 1912.8 Finally, the Nineteenth Amendment, passed in 1920, decreed that “the right of citizens of the United States to vote shall not be denied or abridged on account of sex.
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In 2012, for example, “reported federal campaign spending ... reached almost $6.3 billion,” or over twice as much as the total annual GDP of an African country like Burundi.
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In empowering outsiders, digital technology destabilizes governing elites all over the world and speeds up the pace of change.
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The story is especially stark in the United States: From 1935 to 1960, the living standard of the median American household doubled. From 1960 to 1985, it doubled again. Since 1985, it has essentially been flat: the average American household is no richer now than it was thirty years ago.
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Much of the anxiety voters are experiencing is about hard cash. In many countries in North America and Western Europe, the standard of living of the average family hasn’t improved for decades. The young aren’t doing as well as the old. Inequality is on the rise. In light of the disappointments they suffered in recent years, it is not irrational for most families to fear that the future may hold real material hardships.
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Since 1986, America’s GDP per capita has increased by 59 percent. The country’s net worth has grown by 90 percent. Corporate profits have soared by 283 percent.
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According to Oxfam, for example, the fifty largest American companies have, by perfectly legal means, shifted over $1 trillion to offshore tax havens, costing the US government about $111 billion in lost tax revenue.
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This gives nation states an obvious point of leverage over their citizens: if they seek to retain access to its territory, they should have to pay taxes in the country.
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