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 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.
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Publishers Weekly, 1991-05-17 Economic analysis and historical comparisons blend to show that Reagan's presidency left a huge concentration of wealth at the top that harms the poor, adds to the mounting debt and allows foreigners to grab large chunks of America. ``A stunning refutation of George Gilder's Wealth and Poverty , Phillips's dispassionate report offers no solutions yet zeros in on key problems,'' said PW. (June)
Publishers Weekly, 1990-04-13 Blending economic analysis and historical comparisons, Phillips ( Mediacracy ) proposes that the legacy of Reagan's presidency includes an enormous concentration of wealth at the top, intensifying pain and inequality for the poor, a massive, mounting debt, and foreigners gobbling up large chunks of America. The losers in this economic polarization include women, racial minorities, young people, single-parent families. Phillips demonstrates that deregulation has especially hurt organized labor, poorer city neighborhoods, people in small towns and rural areas. His analysis linking Reaganism to America's global loss of economic power is compelling. While George Bush keeps ``imitating Ike in the 1990s'' and refuses to develop a national strategy, post-Reagan Democrats take the blame for failure to resuscitate liberal economic populism. A stunning refutation of George Gilder's Wealth and Poverty , Phillips's dispassionate report offers no solutions yet zeroes in on key problems. (June)
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