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Wealth and Democracy: A Political History of the American Rich

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Title: Wealth and Democracy: A Political History of the American Rich
by Kevin Phillips
ISBN: 0-7679-0534-2
Publisher: Broadway Books
Pub. Date: 08 April, 2003
Format: Paperback
Volumes: 1
List Price(USD): $16.95
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Average Customer Rating: 3.13 (122 reviews)

Customer Reviews

Rating: 3
Summary: Interesting .... but don't take it seriously
Comment: As some other reviewers have noted, Phillips loves to delve into attacking the rich and dwell on negativity. The old myth of "The Rich get richer and the poor get poorer", that the rich should take care of the poor (HINT: They already are. Who provides the jobs, the rich or the poor?)

Interesting is that 12 years ago Phillips wrote a book predicting doom and gloom and a stock market crash that would exceed the 1987 crash called "Profits and Politics." FACT: That very year the markets rebounded (thanks to Ronald Reagan and George H. Bush) and the economy picked up. Phillips wrote Wealth & Democracy in 2001 (was released in early 2002) Didn't we see exactly the say thing in the economy and in the stock market right after this book came out? Didn't we see the stock market SOAR, unemployment DROP and the CLINTON RECESSION come to an end? As usual Phillips doom and gloom was way off.

And as if this garbage wasn't enough, earlier this year, Phillips came out without another worthless tome attacking the Bush's which just like Wealth & Democracy and all of Phillips other books, came out of the gate strong and fell fast and hard.

Personally, I think this guy should just go away or relabel his work as fiction. He isn't do anybody any good...except himself. I am sure Phillips bank account has gotten larger.

Rating: 5
Summary: Smash the Golden Calf -
Comment: America suffers from amnesia. The spokespersons of corporate media (Hannity, O'Reilly, Rush "Hillbilly Heroin" Limbaugh, Coulter, Quinn, etc.) airbrush history by pretending that the class struggle and even populism itself is "anti-American". Offering an historical context from the past 200+ years, Kevin Philips offers a much needed (and timely) antidote to this disturbing trend, showing the trickle down golden calf of corporate welfare for what it is. For indeed, the individual does better when everyone else is doing better -

At the time of this writing, July 2004, it is better now than when it was published -

Conservatives ought to read it, and take heart - for soon their self-serving minions shall be out of power, banished to the nether regions of the Bermuda triangle.

Rating: 3
Summary: Reader from Washington is absolutely correct....
Comment: While I do agree with some of the things that Phillips presents here, I think that if Phillips is truly concerned about inequality of wealth here in America, he should go after these senators, congressmen and other government employees who want to "fix social security" but refuse to contribute to it yet have their own super retirement programs that will provide a million dollar retirement income and they (the senators, congressmen etc) never have to pay a dime into it and never contribute to social security (or is that social insecurity?)

I think it's time to shake up America and history has shown that Kevin Phillips is the man who can do that. So c'mon Mr. Phillips. Why not write a book and expose the great social security scandal that is going on in this great country. Expose these politicians who talk out of both sides of their mouths. Expose these Senators and Congressmen who claim they are working for the common good but could care less about anybody but themselves. Do a book on social security before it truly does become social insecurity and leaves millions of Americans, our elderly pennyless and possibly homeless as well.

Great job on Wealth & Democracy. I have read it several times.

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