Arrogant Capital: Washington, Wall Street, and the Frustration of American Politics

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Arrogant Capital: Washington, Wall Street, and the Frustration of American Politics
by Kevin Phillips
from Back Bay Books

Customer Reviews:

• Avg. Customer Rating: 4.5 / 5.0

• 4.5 stars-A more nuanced study than " Boiling Point".
  Phillips's book get closer to identifying what the core problem facing the USA is than he did in his earlier "Boiing Point".The problem has been building ever since President Jimmy Carter embarked on his ill advised decision to deregulate and privatize the financial sector of the economy.This simply let the speculative genie out of the bottle.It will be very difficult to rein him in.Phillips correctly goes to the heart of the matter in his recommendation number 7, presented on pp.201-204. "During the 1980's... more info

• An Angry Call For Radical Reforms To Shake Up Washington
  The author Kevin Phillips is an exemplary example of a frequent Washington type: the former insider turned angry, prophetic outsider. Trained as an attorney, experienced as a a Republican Congressional aide at the modern lowpoint of Republican strength in Washington, acclaimed as a key strategist in Richard Nixon's 1968 Presidential comeback, the author has long been given to gathering masses of data and reaching bold new conclusions with a stunning certainty that is only partially vindicated by subsequent... more info

• History is repeating itself, unfortunately !
  This has to be one of the best books on contemporary politics. Kevin Phillips did extensive research into the historical pattern of rise and subsequent decline of great powers and found uncanny similarity to where America is today. However, he did suggest 10 solutions that hopefully would arrest the decline of this nation and hoped those would be carried out in the 90s (this book was written in 94). Guess what ? None of his 10 solutions was implemented even to the slightest degree. If anything the problems... more info

• A little off the mark
  This book came out in 1994 and its eminently readable today, especially today. Phillips is one of those tireless workers today in America much like the other crusaders like Nader and Michael Moore who keep the truth front and center of what is being done to this country by our so called representatives in Washington. There is one problem with the Phillips prognostication in this book. In 2003 with 20/20 hindsight it becomes clear that Phillips was far too optimistic in his expectation that the body politic... more info

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