Books : The Politics of Rich and Poor: Wealth and the American Electorate in the Reagan Aftermath
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Binding: Paperback
Dewey Decimal Number: 339.22097309048
EAN: 9780060973964
ISBN: 006097396X
Label: Harpercollins
Manufacturer: Harpercollins
Number Of Items: 1
Number Of Pages: 288
Publication Date: 1991-06
Publisher: Harpercollins
Sales Rank: 605513
Studio: Harpercollins
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Editorial Review:
Product Description:
The enormous concentration of wealth in the United States during the 1980s--most of it in the hands of the top 1% of the population--will provoke what Phillips calls a watershed change in American politics. His masterly analysis portrays the public's growing concern over this unequal distribution of wealth and the Republican policies that enhanced the imbalance. A national bestseller in hardcover.
Average Rating: 
Rating:  -
Phillips wrote this book in 1990.This allows a reader to compare it with later books that dealt with the same problem ,such as " Boiling Point " in 1993 and " Arrogant Capital " in 1994.The first point that Phillips demonstrates overwhelmingly was that the Reagan tax cuts were primarily aimed at increasing the wealth and political power of the Wall Street speculators and investment banks like Bear Stearns,Merrill Lynch,Goldman Sachs, Morgan Stanley,Lehman Brothers,J.P. Morgan,Credit Suisse,Deutsche ... Read More
Rating:  -
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 ... Read More
Rating: -
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: -
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 ... Read More
Rating:  -
This book is down right distortive of economic history and the 1980's... Overall, the poor did not get poorer in the 1980's, but quite the opposite. This book is essentially more tired and disproven Keynesian-Socialist views on economics, for people who want to go back to the policies of the 1970's-the era of double-digit inflation and 21% interest rates.
If you want to narrow any imbalance of wealth- do away with the Federal Reserve system, which robs the poor and middle class of their purchasing power ... Read More
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