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Reply #1: Wealth and Democracy by Kevin Phillips for openers [View All]

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EVDebs Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-14-05 10:25 AM
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1. Wealth and Democracy by Kevin Phillips for openers
Edited on Tue Jun-14-05 10:39 AM by EVDebs
The concentration of wealth in economic empires over recent history as Phillips chronicles leads to eventual collapse.

You need to google 'concentration of wealth' and 'corporate welfare'...

Also, besides Phillip's book, there are many others on this topic.

see www.faireconomy.org

and also

www.corporations.org/welfare/

Furthermore, it stands to reason that Keynes' 'marginal propensity to consume' argument, in dealing with economic growth, that the lower incomes receive tax cuts...their rising consumption will inevitably boost the economy's growth. Supply siders believe the exact opposite, hence the mess we're in right now.
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