Svetozar Pejovich

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Trump Vs. The Establishment: It’s The Rent-Creation

Arguably, the median voter was manipulated by the elite of both parties, the so-called “Establishment.” In addition to the political leaders of both parties, the Establishment includes professionalized legislators, members of the executive branch of federal government, supreme court judges, lobbyists, CEOs of major corporations and financial institutions, leading journalists and TV personalities, academic advisers, and other fellow-travelers.