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The logic is that when the rich get disproportionately richer, they place a higher weight on moral considerations, which induces some rich moral liberals to swing Democratic. This, in turn, induces the parties to polarize on social issues because their voter bases have now both become more extreme. Faced with such socially increasingly polarized parties, a poor, morally conservative voter may well become more likely to vote Republican, even when his materially preferred economic policy has moved to the left as a result of increased income inequality.
https://www.nytimes.com/2022/09/14/opinion/elites-populists-political-beliefs.html
Fascinating article. Never thought about this issue.
https://www.nytimes.com/2022/09/14/opinion/elites-populists-political-beliefs.html
Fascinating article. Never thought about this issue.