American oligarchy : the permanent political class / Ron Formisano.

Author
Formisano, Ronald P., 1939- [Browse]
Format
Book
Language
English
Published/​Created
  • Urbana : University of Illinois Press, [2017]
  • ©2017
Description
xi, 270 pages : illustrations ; 24 cm

Availability

Available Online

Copies in the Library

Location Call Number Status Location Service Notes
Firestone Library - Stacks JK275 .F68 2017 Browse related items Request

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    Subject(s)
    Summary note
    "A permanent political class has emerged on a scale unprecedented in our nation 's history. Its self-dealing, nepotism, and corruption contribute to rising inequality. Its reach extends from the governing elite throughout nongovernmental institutions. Aside from constituting an oligarchy of prestige and power, it enables the creation of an aristocracy of massive inherited wealth that is accumulating immense political power. In a muckraking tour de force reminiscent of Lincoln Steffens, Upton Sinclair, and C. Wright Mills, [this book] demonstrates the way the corrupt culture of the permanent political class extends down to the state and local level. [The author] breaks down the ways this class creates economic inequality and how its own endemic corruption infects our entire society. [The author] delves into the work of not just politicians but lobbyists, consultants, appointed bureaucrats, pollsters, celebrity journalists, behind-the-scenes billionaires, and others. Their shameless pursuit of wealth and self-aggrandizement, often at taxpayer expense, rewards channeling the flow of income and wealth to elites. That inequality in turn has choked off social mobility and made a joke of meritocracy. As [the author] shows, these forces respond to the oligarchy 's power and compete to bask in the presence of the .01 percent. They also exacerbate the dangerous instability of an American democracy divided between extreme wealth and extreme poverty."-- Back cover.
    Bibliographic references
    Includes bibliographical references (pages 211-264) and index.
    Contents
    • Preface
    • Introduction. Beyond plutocracy : becoming an aristocracy
    • Meet the political class
    • Our one percent government, congress, and its adjuncts : the way to wealth
    • Is the political class corrupt?
    • The permanent campaign and the permanent political class
    • Political class adaptation and expansion
    • The political class in a poor state
    • The profitable world of nonprofits
    • Conclusion
    • Afterword.
    ISBN
    • 9780252041273 ((hardcover ; : acid-free paper))
    • 0252041275 ((hardcover ; : acid-free paper))
    • 9780252082825 ((paperback ; : acid-free paper))
    • 0252082826 ((paperback ; : acid-free paper))
    LCCN
    2017946586
    OCLC
    983824400
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