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9780316706025

Arrogant Capital Washington, Wall Street, and the Frustration of American Politics

by
  • ISBN13:

    9780316706025

  • ISBN10:

    0316706027

  • Edition: Reprint
  • Format: Paperback
  • Copyright: 1995-09-01
  • Publisher: Back Bay Books
  • Purchase Benefits
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Summary

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 special interests the world has ever seen - has become the albatross that Thomas Jefferson and our other Founding Fathers feared: a swollen capital city feeding off the country it should be governing. Throughout most of our history, the genius of American politics was that ballot revolutions every generation swept out failed establishments and created new ones. Now that can no longer happen. Feared and even hated by a majority of the citizenry, "Permanent Washington" has dug in. Using history as a chilling warning, Kevin Phillips parallels the present atrophy to that of formerly mighty and arrogant capitals like Rome, Madrid, andAmsterdam.,Unchecked, Washington will - like other great powers before it - lead the country to its inevitable decline and fall. To work again, Washington must be purged and revitalized. In his unique blueprint for a political upheaval, Kevin Phillips puts Washington on notice by sounding a cry for immediate action, offering us a wide variety of remedies - some quasi-revolutionary, others more moderate, but all sure to be controversial.

Author Biography

Kevin Phillips is the editor-publisher of The American Political Report, a contributor to the Los Angeles Times and the Washington Post, and a regular commentator for National Public Radio. He was a commentator for CBS TV News at the 1984, 1988, and 1992 Democratic and Republican national conventions

Table of Contents

Preface to the Paperback Editionp. xi
Acknowledgmentsp. xxix
The End of Self-Renewal in Washington and in American Politics
Washington and the Late-Twentieth-Century Failure of American Politicsp. 3
Imperial Washington: The Power and the Glory--And the Betrayal of the Grass Rootsp. 27
The Critical Shortcomings of U.S. Politics, Parties, and Government
The Crisis No One Can Discuss: U.S. Economic and Cultural Decline--And What It Meansp. 69
The Financialization of America: Electronic Speculation and Washington's Loss of Control over the "Real Economy"p. 95
The Principal Weaknesses of American Politics and Governmentp. 139
The Fading of Anglo-American Institutions and World Supremacyp. 173
The Revolutionary 1990s and the Restoration of Popular Rule in America
The 1990s: Converging Revolutionary Traditions and Post-Cold War Jittersp. 205
Renewing America for the Twenty-first Century: The Blueprint for a Political Revolutionp. 227
Notes and Sourcesp. 271
Indexp. 279
Table of Contents provided by Syndetics. All Rights Reserved.

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