No Surprise - Study Says U.S. Is An Oligarchy

The more money you have, the more say you get in how things get run:

A new study by researchers from Princeton and Northwestern Universities finds that America's government policies reflect the wishes of the rich and of powerful interest groups, rather than the wishes of the majority of citizens. 

The researchers examined close to 1,800 U.S. policy changes in the years between 1981 and 2002; then, they compared those policy changes with the expressed preferences of the median American, at the 50th percentile of income; with affluent Americans, at the 90th percentile of income; and with the position of powerful interest and lobbying groups.

The central point that emerges from our research is that economic elites and organized groups representing business interests have substantial independent impacts on U.S. government policy, while mass-based interest groups and average citizens have little or no independent influence. Our results provide substantial support for theories of Economic Elite Domination and for theories of Biased Pluralism, but not for theories of Majoritarian Electoral Democracy or Majoritarian Pluralism...

Recent research by Larry Bartels and by one of the present authors (Gilens), which explicitly brings the preferences of "affluent" Americans into the analysis along with the preferences of those lower in the income distribution, indicates that the apparent connection between public policy and the preferences of the average citizen may indeed be largely or entirely spurious.

The theory of Economic Elite Domination is fairly self-explanatory. The theory of Biased Pluralism holds that policy outcomes "tend to tilt towards the wishes of corporations and business and professional associations." In essence, the researchers found that government policy changes are correlated with the wishes of the wealthy and with interest groups, but not with the wishes of the average American—even though the whole idea of "Democracy" is to ensure that the wishes of the majority tend to carry the day.

In short, we live in a "fake democracy" that is really an oligarchy run by our economic elites.