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021001 Kevin Phillips - Wealth and Democracy

The French have a theory that behind every great fortune lies a great crime. The recent corporate crime wave certainly lends credence to that idea. Corporations and the individuals who own them use their money and power to exert an inordinate influence on national politics, thus undermining democracy. Rather than government of, for and by the people we are becoming a plutocracy: government of, for and by the rich. The excesses of the wealthy have led to an arrogance of entitlement, which has led to the downfall of many great powers in the past. Will the United States be an exception?

Kevin Phillips has an interesting political pedigree. Firmly rooted in the Republican Party, he was chief political analyst for the 1968 Republican presidential campaign, which culminated in the victory of Richard Nixon. One year later he wrote the influential book, The Emerging Republican Majority. His politics have evolved over the ensuing decades as he has watched his party, the economy and the country capitulate to the whims of Wall Street. He is an NPR commentator and author of many books including The Politics of Rich and Poor and Wealth and Democracy.


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Alternative Radio (Aust.) PO Box 780 Morwell Victoria 3848 Australia
tel. 61-3-5134-8556 mob. 61-413-597-828 inquiries@araustralia.org
www.araustralia.org