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For this question,refer to the following excerpt. There is no question which of the great parties represents the house of Have and which the house of Want....Democrat[s] are cramped for want of funds....On the other hand there is practically "no end of money" at the disposal of the McKinley committees....
As for the banks,the great railroad companies and insurance companies,who,even in ordinary times find it to their interest to help financially one,and frequently both,sides ... ,their purse strings are unloosed more freely than ever before,but only in one direction.
The danger to a republican form of government of a money interest in politics is so clear that it needs not to be dwelt upon....The steady tendency of American legislation,national and state,has not merely been to create great special interests,but in the very effort to control them for the benefit of the public,to concern them directly in politics.
Henry George on money in politics,Wheeling Register,September 19,1896
The events described in the excerpt above contributed most directly to debates over
Lorenz Curve
A graphical representation of the distribution of income or wealth within a society, showing the proportion of total income earned by any given percentage of the population.
45-Degree Line
A reference in economics and finance, depicting a scenario where the value of goods and services produced is equal to the total demanded.
Gini Coefficient
A measure of income inequality within a population, ranging from 0 (perfect equality) to 1 (perfect inequality).
Second Poorest Fifth
A reference to the quintile in a distribution of income or wealth that is second from the bottom, denoting the group with more resources than only the poorest fifth but still below the majority.
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