Nathan Kelly and Jana Morgan — How US Policymaking Institutions Reinforce Inequality and Favor the Status Quo

Yield

9 of 514 paragraphs kept (1.8%). Target: 35%+ — ⚠️ BELOW target.

Thesis

Unregulated financial innovations simultaneously inflate sector incomes and systemic risk · ch. 0

Argument

  1. Veto players are institutions with power to block policy change — ch. 0
  2. Constitutional design gives US institutions exceptional power to block change — ch. 0
  3. Presidential veto overrides succeed less than five percent of the time — ch. 0
  4. US institutions are biased toward stasis that protects existing hierarchies — ch. 0
  5. High income concentration correlates with congressional policy inaction — ch. 0
  6. A minimum wage frozen in nominal terms loses real value to inflation — ch. 0
  7. US policymaking institutions are structurally designed to block policy change — ch. 0
  8. Measured by volume, legislative activity hides a shift away from redistributive substance — ch. 1

Annotation Roundup

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