Why do oligarchs thrive in democracies? Jeffrey Winters, Vladimíra Dvořáková and Ondřej Lánský on the politics of protecting wealth

More people than ever can vote, organise, and make their voices heard. Yet wealth is becoming increasingly concentrated in the hands of a tiny minority. How can democracy and extreme inequality coexist? American political scientist Jeffrey A. Winters argues that oligarchs are not primarily interested in governing. Their main objective is to protect and preserve their wealth — and this defence of…