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WHY DEMOCRACY NEEDS THE RICH.

  • Published In: National Review, 2026, v. 78, n. 2. P. 39 1 of 3

  • Database: Academic Search Ultimate 2 of 3

  • Authored By: McGinnis, John O. 3 of 3

Abstract

The article discusses the contemporary criticism of the wealthy and its implications for American democracy, arguing that the rich play a crucial role in maintaining a vibrant and resilient political system. It highlights that many wealthy individuals, particularly entrepreneurs, contribute significantly to society through job creation and philanthropy, while also serving as a counterbalance to the influence of the intelligentsia and special interest groups. The piece suggests that attacks on the wealthy may aim to shift power toward a more collectivist state, potentially undermining the commercial and civic foundations of American governance. Ultimately, it posits that the presence of the wealthy fosters economic growth and diverse viewpoints, which are essential for a functioning democracy. [Extracted from the article]

Additional Information

  • Source:National Review. 2026/02, Vol. 78, Issue 2, p39
  • Document Type:Article
  • Subject Area:Political Science
  • Publication Date:2026
  • ISSN:0028-0038
  • Accession Number:190313333
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