ideology. In 1955, Simon Kuznets offered the highly influential conjecture that, while rising inequality characterizes early … the dynamics by which the rich inevitably regain control over ideology — and thereby the state — with their far greater … the elites' ideology sufficiently to enable a sustained period of rising equality. However, by 1980, they had regained …

income and wealth, they gained relatively more command over everything, including ideology. Reducing taxes on the rich …, favoring business over labor, and failing to regulate newly evolving credit instruments flowed out of this ideology. …

consumption. The ideology, institutions, and behavior generated by this focus on consumption reduce the potential for people to …

solely upon controlling ideology. In 1955, Simon Kuznets offered the highly influential conjecture that while rising … status, inevitably regain control over ideology and thereby the state. Over the course of history, only the very severe … crisis of the 1930s discredited their ideology and led to a sustained period of rising equality. However, by 1980 they had …