The classic account here is Charles Lindblom, Politics and Markets: The World’s Political-Economic Systems (1980); for a concise account of the tensions between democracy and capitalism in the American context see Joshua Cohen and Joel Rogers, On Democracy (1983), chapter 3. For the current climate of political inequality see Demos, Stacked Deck: How the Dominance of Politics by the Affluent and Business Undermine Economic Mobility in America (2012); Larry Bartels et al, Democracy and the Policy Preferences of Wealthy Americans, Perspectives on Politics (2013); Larry Bartels, Unequal Democracy: The Political Economy of the New Gilded Age (Russell Sage, 2008); Martin Gillens, Affluence and Influence: Economic Equality and Political Power in America (2012) [excerpted at Martin Gillens, Under the Influence, Boston Review (July/August 2012); Jacob Hacker and Paul Pierson, Winner-Take-All Politics (2010), Part III.

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