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The Politics of Rich and Poor: Wealth and the American Electorate in the Reagan Aftermath

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Title: The Politics of Rich and Poor: Wealth and the American Electorate in the Reagan Aftermath
by Kevin P. Phillips
ISBN: 0-06-097396-X
Publisher: HarperCollins (paper)
Pub. Date: June, 1991
Format: Paperback
Volumes: 1
List Price(USD): $11.00
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Average Customer Rating: 3.14 (7 reviews)

Customer Reviews

Rating: 2
Summary: A Example of Academics Overshadowing Message
Comment: I was excited to find this book based on the tittle and book description, mainly because I felt I was going to get a book of facts to bolster my already formed opinions. Well the book did provide facts, lots of facts sometimes not in the best order, but facts none the less. What the author and publisher failed to realize is that in the method the book was written the average reader would find it almost impossible to plod through the text. I had a college statistics professor that was Asian with a very strong accent, and the ability to stand at the front of the room and drone on and on without every moving his body or using the black board (an interesting feat in a math class) that was more lively then this book. I am assuming that even economics professors aged 65 and over would think this book to be dry and dull.

The net effect of the bone dry text and the overwhelming amount of facts, charts and lists of numbers is that a book I was excited to read turned out to be a downright pain to get through. It turned into a labor of love or some sick need to finish the book that finally got me through to the end. I feel like I deserved some medal for completing this thing. Overall the facts are interesting (in small doses) but the written was one that would bore the dead.

Rating: 4
Summary: The conservatives exposed
Comment: The myths (or many of them)of the right are given full exposure in this fine book. Well researched and well written, it is a good primer on the delusions of the privledged class (just read some of the other reviews on this page).
Over all a significant contribution to the new analysis of conservative revisionism.

Rating: 3
Summary: nothing new here
Comment: Exploiting class envy is as old as civilization itself,and this book is another exercise in just that.I don't question the validity of Mr. Phillips arguments or stasistics.Sure the wealthier get wealthier or at least maintain their wealth from generation to generation(barring catastrophe)but that is because when you are talking in terms of millions of dollars money automatically makes itself grow.Someone worth $5,000,000 this year will with safe,predictable,long-term investments see an increase in their wealth till the day they die.Poor to middle class people on the other hand won't see a great buildup of wealth simply due to the fact that they don't have enough wealth to exponentially grow year after year.Even an idiot can stick $5,000,000 in the bank,leave it alone,and in five or six years have $6,000,000.Of course if you only have $20,000 in the bank it won't ever be much more than $20,000.All societies have an unequal concentration of wealth and always will.Most so-called economic booms do benefit mainly the upper classes while recessions hit the poorest the hardest.Phillips does a thorough job of exposing the boom of the 80's for the myth that it was, but all in all he has written nothing we didn't already know.

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