For over 30 years, Phillips’ insight into American politics and u0026 economics has helped make history as well as record it. His bestselling books, including The Emerging Republican Majority (1969) and u0026 The Politics of Rich and u0026 Poor (1990), have influenced presidential campaigns and u0026 changed the way America sees itself. Acknowledging him as one of the nation’s most perceptive thinkers, reviewers have called him a latter-day Nostradamus and u0026 our ‘modern Thomas Paine.’ Now, in the first major book of its kind since the 30s, he turns attention to the USA’s history of great wealth and u0026 power from the American Revolution to what he calls ‘the 2nd Gilded Age’ at the turn of the 21st century. The 2nd Gilded Age has been staggering enough in its concentration of wealth to dwarf the original 100 years earlier. However, the tech crash, and then the events of 9 11, pointed out that great riches are as vulnerable as ever. Wealth and u0026 Democracy charts the ongoing saga of great wealth–how it’s been accumulated, its shifting sources and u0026 its ups and u0026 downs over more than two centuries. It explores how the rich and u0026 politically powerful have worked together to create or perpetuate privilege, often at the expense of national interests and u0026 usually at the expense of middle and u0026 lower classes. With intriguing chapters on history and u0026 bold analysis of present-day America, he illuminates the dangerous politics that go with excessive wealth concentration. Profiling wealthy Americans–from Astor to Carnegie and u0026 Rockefeller to contemporary wealth holders–he details the peculiarly American ways of becoming and u0026 staying a multimillionaire. He exposes the corruption spawned by a money culture and u0026 financial power, evident in economic philosophy, tax favoritism and u0026 selective bailouts in the name of free enterprise, economic stimulus and u0026 national security. Finally, Wealth and u0026 Democracy turns to the history of Britain and u0026 other world economic powers to examine the symptoms that signaled their declines: speculative finance, mounting international debt, record wealth, income polarization and u0026 disgruntled politics–signs seen in America at the start of the 21st century. In a time of crisis, he worries that the growing parallels suggest the tide may already be turning for us all.Table of Contents1. The Great Waves of American Wealth- The 18th and u0026 19th centuries: from privateersmen to robber barons- Serious money: the three 20th-century wealth explosions- Millennial plutographics: American fortunes and u0026 misfortunes at the turn of the century2. The Origins, Evolutions and u0026 Engines of Wealth: Government, Global Leadership and u0026 Technology- The world is our oyster: the transformation of leading world economic powers- Friends in high places: government, political influence and u0026 wealth- Technology and u0026 the uncertain foundations of Anglo-American wealth3. Wealth and u0026 Democracy: the Rhythm of Politics and u0026 Confrontation- Wealth and u0026 politics in the United States- Wealth, money-culture ethics and u0026 corruption- The cup always runneth over: greed, speculative bubbles and u0026 reform- Great economic power decline and u0026 the politics of resentment4. Thinking ahead- Afterword: Wealth and u0026 Democracy: The U.S. and u0026 The New Century

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