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Shvoong Home>Books>Wealth and Democracy Summary

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Wealth and Democracy

Book Review by: Leedictu     

Original Author: Kevin Phillips

Traces political and economic forces that imperil the US and the rest of the world, in particular the Republican majority's
rise
in power. He stresses the latest phase, an inept and weakly-led coalition that is losing America the world's respect and
endangering her future. Points out that every world-dominating power has been brought down by global overreach, militant
religion, diminishing resources and ballooning debt; the same four factors that threaten the US now. Preoccupation with oil has
led to clumsy military miscalculation, ruinous occupation of Iraq and sky-high oil prices.He then underlines how, under Bush
Jnr, domestic and foreign policy has been shaped by religion. Finally he documents how the business interests have
discarded previous sound policies in favour of fiscal speculation and an unprecedented level of public and private debt. These
factors, oil, religion and finance, have resulted in a dearth of candour and serious strategy - unnable to govern, and if left
unchecked, this will bring a preacher-ridden, debt-bloated,energy-crippled America to its knees.
Published: December 24, 2008
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