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205
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ranked #155,827 most helpful out of 571,544,897 reviews
★★☆☆☆
Oh no....not Kevin Phillips again!
I made the mistake of reading Phillips "The Politics of Rich and Poor: Wealth and the American Electorate in the Reagan Aftermath a decade ago (interestingly when the economy was in the same mess it's in now)Phillips is one of those authors that loves to breed on negativity and jealousy. Isn't it amazing how people will applaud (sometimes) when somebody wins the lottery (although green with jealousy) but look with ambivelence when someone becomes successful in a business."The rich get richer" they lament. "Rich people should pay more in taxes" Oh really? Who provides the jobs, surely not the poor! If you want to increase layoffs, tax the rich so the money that was headed for payroll and business expansion now goes to taxes.Phillips message is old and tired. If the past is any indication, look for this book to come running out of the gate only to stop dead and fall fast just like The Politics of Rich and Poor did. I saw one man with this book under his arm while he was buying a lottery ticket. Does that tell you something?If in fact all of the wealth were redistributed, it would be back in the same hands within 2-5 years. All those with self earned wealthhave achieved success irregardless of the government. Americans have become financial wimps by depending on government intervention. True success depends on you, not the government. If you really want this book, wait for a used copy here at Amazon or on the discount racks of a used book store. I suspect you'll find many copies lying around.
July 2002 · Books
the product in question
Wealth and Democracy: How Great Fortunes and Government Created America's Aristocracy
4.3★ · 75 ratings, as of 2023
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