You are here

THE BOTTOM LINE

The 'spoils society' sows seeds for resentment and discord

Washington

THE spoils society is advancing.

The "spoils society" is a phrase I coined some years ago to illustrate a basic problem of wealthy societies, including, of course, the United States.

After all, our annual gross domestic product (GDP) is approaching US$20 trillion...

sentifi.com

Market voices on: