1. Wealth
Kevin Phillips also profiles wealthy Americans-from Astor to Carnegie and Rockefeller to contemporary wealth holders-he provides details about the peculiarly American ways of becoming and staying a multimillionaire. ... Among other things, he cites ''financialization,'' a preoccupation with success in ''finance, technology and services'' and the neglect of ''basic manufacturing,'' speculation and the recurrence of bubbles and manias (from Dutch tulips to America's dot-coms), the export of capital and jobs, the reliance on foreign...
- Word Count: 1228
- Approx Pages: 5
- Grade Level: Undergraduate