WEALTH AND DEMOCRACY:A POLITICAL HISTORY OF RICH AND POOR.
Kevin Phillips' insight into American politics and economics has helped to make history as well as record it. The books he has written, including The Emerging Republican Majority (1969) and The Politics of Rich and Poor (1990), have helped to influence presidential campaigns and changed the way America sees itself. Phillips is widely acknowledged as one of the nation's most perceptive thinkers, he turns his attention to the United States' history of great wealth and power, from the American Revolution to what he calls "the Second Gilded Age" at the turn of the twenty-first century. .
"The Second Gilded Age" has been staggering enough in its concentration of wealth to dwarf the original Gilded Age a hundred years earlier. However, the tech crash and then the horrible events of September 11, 2001, pointed out that great riches are as vulnerable as they have ever been. In Wealth and Democracy, Kevin Phillips charts the ongoing American history of great wealth-how it has been accumulated, its shifting sources, and its ups and downs over more than a time span of two centuries. He explores how the rich and politically powerful have frequently worked together to create or perpetuate privilege, often at the expense of the national interest and usually at the expense of the middle and lower classes. .
The book is filled with intriguing chapters on history and a bold analysis of present-day America. Phillips does well clarifying the dangerous politics that go with the excessive concentration of 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. He exposes the corruption spawned by a money culture and financial power, evident in economic philosophy, tax favoritism, and selective bailouts in the name of free enterprise, economic stimulus, and national security.
WEALTH "Wealth" is a very broad word with different meanings to different people. ... There are two in views of wealth. ... The other approach to wealth deals with economics. Many people believe one should not deal with wealth as a means, but with the means to wealth. ... There are different views on the definition of wealth. ...
Wealth What is wealth? Do you want to be wealthy? Does wealth equal money? According to Oxford Dictionary, wealth means "possession of a large amount of money, property." But from my point of view, money and wealth is not the same thing. Wealth may include money, but they are not identical. ...
They surely have the wealth needed to have correct and proper attorneys represent them. ... The media depicts what is powerful and the linkage between wealth is prevalent. ... Having the power of wealth makes people hungry for more. ... The constant images of wealth dictate this notion of power. ... We feed on the notion that power is achieved by wealth. ...
That is why it is becoming increasingly important to possess a high level of competency in the area of wealth management. What exactly is wealth management? Wealth management is the proficient administration of one's total assets through financial planning and accurately allocating wealth to achieve a financial goal. Financial planning integrates the execution of various financial services, which promote growth, and stability of an investor's wealth. ...
Wealth is the only characteristic that does not divide us in this classical setup. ... She introduces statistics that show that big portion of the wealth moved to the richest in five year period. ... Even though Freeland holds the wealthy responsible, big part in the tipping of the wealth balance plays the government. ... With their financial power they manage to pay half as much taxes as what everybody else pays, which allows for their wealth to grow and the middle class to shrink. Lawmakers and tax regulators should start supporting the middleman in order to balance the distribution of wealt...
When a person desires limitless wealth, he essentially sees wealth as the end. By seeing everyday life as opportunity to add to that wealth, an unnatural desire for wealth takes over any virtue in regards to living well. ... Therefore, limitless wealth is a sin. Limitless wealth, essentially, is violating divine law. ... The world today without limitless wealth is unimaginable....
With national wealth comes income equality, and with income equality comes the decrease in poverty. ... Schooling is the single most important factor of national wealth. ... (Reich 294) The larger the percentage of children is in school, the greater the national wealth. ... Schooling increases national wealth and national wealth provides the means to build and staff schools. ... Wealth needs to be redistributed; the way to do this is through the tax system. ...
Since the 1800's, people's drive for wealth has been stronger than any other factor in their lives. ... She gives him the wealth that he longed for as a child. ... He is demeaning of Gatsby who acquired his wealth. ... He is focused mainly on wealth. ... I think that wealth is highly overrated. ...
One of the most important qualities of symbolism within this novel is the reference to money and wealth. Money symbolizes a social evil as it destroys lives of people corrupted by wealth. In the first chapter, Fitzgerald treats money as if it was a divider for social classes and tells how wealth divides the society into different groups. ... Fitzgerald refers to wealth as an importance to Tom and Daisy because it makes them feel superior to those who have less. ... There is a lot of cheating going on in the relationships between the people in west and east egg, it seems as if there is no rea...
