A financial industry CEO and lifetime Democrat challenges the Washington status quo on the most important personal finance issue of our time.
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In The New Color Line, authors Paul Craig Roberts and Lawrence M. Stratton boldly challenge the affirmative action policies that have governed America for the past thirty years. The authors show that equality under the law has given way to legal privileges based on race and gender. Liberal society is being lost along with the presumption of goodwill that is the basis of democracy. The New Color Line offers an explanation for these ironic outcomes: judicial and regulatory edicts have taken the place of statutory law accountable to the people, and coercion has replaced persuasion. This happened because elites regarded democracy as the problem, not the solution.
Lawrence M. Stratton is Research Fellow at the Institute for Political Economy.
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