How The Rich Get Richer

Paul Rosenberg nails it: Open Left:: The "Entitlement Problem": Racing ourselves to the bottom

But to a very large extent, the culture wars are a war of constructed tribal identity, fronting for elite corporate interests, and their primary historical achievement has been to transform an economy of broadly-shared growth into one of stagnation and diminished prospects for the many. The various issues that are involved are far less significant in the long run than this overarching effect in terms of the upward redistribution of wealth, power, opportunity and possibility.

Please go read it.