What is the impact of income inequality on political power? 🔊
Income inequality has a profound impact on political power, with wealth concentration often leading to disproportionate influence over policymaking. Those with greater financial resources may exert control over political campaigns, access to legislators, and the media, thereby amplifying their interests. High levels of inequality can result in disillusionment and reduced political participation among lower-income groups, creating barriers to civic engagement. Consequently, this dynamic risks perpetuating systemic inequities, as policies favoring the wealthy may not represent the needs or interests of the broader populace, undermining democratic principles.
Equestions.com Team – Verified by subject-matter experts