Paper Summary:

The paper relates that Kevin Phillips' book, "Wealth and Democracy: A Political History of the American Rich", was published by Broadway in 2003 and examines the impact wealthy Americans have had on politics since America's colonial days in the eighteenth-century. The paper explains that the author's purpose in writing this book was to analyze the interaction between American governance and the accumulation of wealth, which he warns has undermined the functioning of democracy to such an extent that our system of government resembles a plutocracy much more than it does a democracy.

From the Paper:

"Kevin Phillips' book, "Wealth and Democracy: A Political History of the American Rich", was published by Broadway in 2003 and examines the impact wealthy Americans have had on politics since America's colonial days in the eighteenth-century. The author's purpose in writing this book was to analyze the interaction between American governance and the accumulation of wealth, which he warns has undermined the functioning of democracy to such an extent that our system of government resembles a plutocracy much..."

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