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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

3.62 of 5 stars 3.62  ·  rating details  ·  32 ratings  ·  4 reviews
Everyone knows that Washington is completely out of touch with the rest of the country. Now Kevin Phillips, whose bestselling books have prophesied the major watersheds of American party politics, tells us why. Washington - mired in bureaucracy, captured by the money power of Wall Street, and dominated by 90,000 lobbyists, 60,000 lawyers, and the largest concentration of s ...more
Paperback, 320 pages
Published September 1st 1995 by Back Bay Books (first published October 1994)
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Mike
He told you so.
Eric_W
Kevin Phillips, an astute, conservative, politica1 commentator, worries that a deep economic shift has occurred in the United States portending ominous changes in the future. Much of corporate downsizing and "leaning out" benefits speculators, lobbyists, investment bankers, and stock brokers, but does not create jobs or increase the employment base of the country.

"Firms once committed to long term thinking now faced money managers and speculators little concerned about existence beyond the lif
...more
Ronald Wise
This book was written fifteen years ago when the author was a regular commentator on NPR and Bill Clinton had been in office two years. At the time I half dismissed him as a Republican Clinton basher, but a careful reading of this book now reveals even more talent at political analysis and prognostication than I had come to respect in him from reading his more recent books.

In this one Phillips examines the growing frustration in America regarding its federal government. Not only does he convinci
...more
Karyn
Jan 24, 2008 Karyn added it
Pretty radical views but lots of validity mixed in. I couldn't read it all, it got too far into the trees for me, but it's an interesting collection of perspectives.
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