We are living in an age of staggering inequality — higher, economist Thomas Piketty reminds us, than in the Ancien Régime before the French Revolution.

Today, the top 1% in the United States owns more wealth than the bottom 90% combined. As billionaires increase their fortunes by $5.7 billion daily, more than half of American families are financially insecure, and 44% of full-time workers (the “lucky ones”) don’t make enough to meet basic needs. Half of the unhoused population actually works.

How did we arrive at this point, where economic marginalization grows as wealth concentrates in fewer hands? And how do we reverse it?

Mainstream economics rarely helps. Its toolbox — focused on individual choice — is too abstract and narrow. We need to examine the rules of the game: The political

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