by umair haque

Over the last few decades, the West has grown savagely unequal — a whole lot like Russia. It’s most advanced in America, which once used to be famed for a healthy middle class, the “American Dream” — but now the dream is dead. The American economy is basically a tiny number of ultra-rich billionaires, and a vast underclass. Why don’t we call them oligarchs? Only because they’re not Russian