Book Review

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This is a book review on Arrogant Capital by Kevin Phillips. Kevin Phillips’ Arrogant Capital (1994) analyzes the convergence of international financial establishments, special interest lobbying groups —many of which represent the financial establishments.

Kevin Phillips’ Arrogant Capital (1994) analyzes the convergence of international financial establishments, special interest lobbying groups —many of which represent the financial establishments. What America needs, he argues in this convincing study of politics and economics, is a self-renewing revolution. Unfortunately, the financiers, lobbyists, and politicians have schemed to ensure that no such revolution will occur Kevin Phillips first became recognized for his 1969 book, The Emerging Republican Majority, written in 1967 and 1968, and used by Richard Nixon in his victorious 1968 presidential campaign. The Emerging Republican Majority predicted a new era of GOP control of the presidency pedestal on the realignment of the South. Newsweek described it as “the political bible of the Nixon Administration.” Educated at Colgate, the University of Edinburgh and Harvard Law School, Phillips, at age 27, had function as the chief elections and voting patterns analyst for the 1968 Nixon campaign. In 1969, he initiate twelve months tenure as Special Assistant to the U.S. Attorney General, but left in 1970 to become a syndicated newspaper columnist. After Ronald Reagan’s election in 1980 reinstate the 1968-72 dynamics, Phillips was usually acknowledged as the Republican Party’s principal electoral theoretician.

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