... how the rich and politically powerful have frequently worked together to create or perpetuate privilege, often at the expense of the national interest and usually at the expense of the middle and lower classes. The book is filled with intriguing chapters on history and a bold analysis of present-day America. Phillips does well clarifying the dangerous politics that go with the excessive concentration ... which rests above them." Every boom produces its own cheerleaders who defend the concentration of wealth as an inevitable force of human nature. Phillips finds a Reagan-era report credi...

• Word Count: 1228
• Approx Pages: 5
• Grade Level: Undergraduate