03
Politics
"Many people — though still too few — are awakening to the fact that the problems of rich Western democracies, and to a lesser extent of emerging market economies, are fundamental. This is why it is useful to go back to the old masters, who had no doubts that the problems they faced were profound, even if many of them proposed solutions that made some of these problems worse.
Fortunately, we can now sift through the proposed solutions and discard the mistakes."
What these early-20th-century scholars got right about 21st-century politics
Inequality
"Concentration of economic power and “personal union” among the elite ensured a political stranglehold by the rich: The state was increasingly becoming a political tool used by the rich to maintain and increase economic power."