From The Connection radio program:
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Guest: Kevin Phillips, author of Wealth and Democracy: A Political History of the American Rich
- Listen to the show here in Real Audio
Life, liberty, the pursuit of happiness and a fat wallet too. The American dream has always included the right to invent or to invest oneself into the well-padded life of the moneyed class. But now, author Kevin Phillips argues, the dream has turned to nightmare, and democracy itself is at risk.
The last twenty years has seen one of the greatest concentrations of wealth in history, and it didn’t happen by accident. Government has been seduced and successfully bedded by corporate interests.
The result is a dangerous love child called Plutocracy and a system that bends over backwards to provide the rich with tax breaks and special concessions, while leaving millions of poor Americans hanging without a safety net. Free markets, free reign, free people?