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Title: Wealth and Democracy: A Political History of the American Rich by Kevin Phillips ISBN: 0-7679-0533-4 Publisher: Broadway Books Pub. Date: 14 May, 2002 Format: Hardcover Volumes: 1 List Price(USD): $29.95 |
Average Customer Rating: 3.34 (102 reviews)
Rating: 1
Summary: More garbage from Phillips
Comment: If you have already read Profits and Politics or The Cousins Wars or Arrogant Capital, you should have gotten your fill of this Nixon-ite.
The fact that his books only have a higher than deserved rating at Amazon and don't sell that well in the book stores should tell you what kind of an audience this guy has.
If you must read it, check it out at your library (if they have it)or buy a used copy for a buck.
Rating: 5
Summary: Phillips' usual thorough analysis
Comment: It is hard to imagine someone who has a better grasp of the issues related to the implications of economic policy and overall economic health than Kevin Phillips. From "The Politics of Rich and Poor" onwards, Phillips continues to distinguish himself both with regard to the breadth of his knowledge and his ability to avoid falling into either "right wing" or "left wing" ideologies. "Wealth and Democracy" is thoroughly researched, carefully presented, and the implications of the trends he analyzes are "musts" for anyone who wants to get their "arms around" this complex of issues. The main thesis of this book is that repeated economic cycles have demonstrated that as wealth concentrations grow (the amount of wealth held by few families/persons), democracy suffers as the political landscape becomes increasingly skewed by those concentrations of wealth. (To suggest, for example, that Phillips is "anti-well-to-do" would be a gross over-exaggeration that largely misses the point.) One could easily expect a book with so many charts, graphes, and other analytic tools to be boring or hard to follow, but Phillips keeps one's attention from beginning to end with a serious, yet entertaining style. Frankly, one can only wish our contemporary policy makers had half Phillips' grasp of economic policy implications. Whatever criticisms one might have of Phillips' work in general, his works are always remarkably well researched, and "Wealth and Democracy" is no exception to that general observation. It will take some concentration to follow all the details of "Wealth and Democracy," but the time necessary to avoid a "thin" understanding of the material will be well worth the effort. While, say, a book of anecdotes (perhaps like "The Lexus and the Olive Branch"), or books about "get rich quick" schemes might be easier to follow, they do not begin to compare to the analytical nature of Phillips' work, and the rewards would be nowhere near as great. If one is determined to bring "laissez faire" presuppositions to the reading of this book, one might prefer to avoid "Wealth and Democracy" as it will be difficult to maintain both those presuppositions and one's integrity in light of Phillips' thorough analysis.
Rating: 1
Summary: Waste of time and money
Comment: Wealth & Democracy is a very mistitled book. It should be called 2nd rate authors attacking the wealthy. Subtitled: Using Democracy as a ploy to attack the wealthy.
Phillips presents a very old and stale message here that somehow the rich should take care of the poor (hint: they already are - the rich provide jobs and create opportunities) or that "you should not take away one of the only options left to slow down the wealthy." "Slow down!" Why should anyone want to slow down the rich? Slow down Bill Gates, Micheal Dell, Larry Ellison etc and you slow down the economy and job growth.
Clearly the author and his shill are presenting a very biased opinion. Phillips is the reason that I turned democrat. Remember, Phillips is a republican.
Caveat emptor.
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Title: The Best Democracy Money Can Buy: The Truth About Corporate Cons, Globalization and High-Finance Fraudsters by Greg Palast ISBN: 0452283914 Publisher: Plume Pub. Date: 25 February, 2003 List Price(USD): $14.00 |
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Title: Globalization and Its Discontents by Joseph E. Stiglitz ISBN: 0393051242 Publisher: W.W. Norton & Company Pub. Date: June, 2002 List Price(USD): $24.95 |
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Title: What Liberal Media? The Truth About Bias and the News by Eric Alterman ISBN: 0465001769 Publisher: Basic Books Pub. Date: 04 February, 2003 List Price(USD): $25.00 |
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Title: Pigs at the Trough: How Corporate Greed and Political Corruption Are Undermining America by Arianna Huffington ISBN: 1400047714 Publisher: Crown Publishing Group Pub. Date: 14 January, 2003 List Price(USD): $22.00 |
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Title: The Great Unraveling: Losing Our Way in the New Century by Paul Krugman ISBN: 0393058506 Publisher: W.W. Norton & Company Pub. Date: September, 2003 List Price(USD): $25.95 |
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