Exerpts from
Arrogant Capital:
Washington, Wall Street, and the Frustration of American Politics
by Kevin
Phillips
"No wonder, then
that from the United States to Japan so many electorates had become so ready for
new national directions and so contemptuous of politicizations who had spent the
1980's deregulating finance, gloablizing the economy, cutting taxes for the rich,
ingnoring the cities, and proclaiming that all was well. All was not well.
...
"The
1990's, in short, have been breeding an unexpectedly radical awareness in the
West, rooted in the understanding that the end of the Cold War has left many
nations in the clutches of corrupt and inept governments, arrogant speculators,
and interest groups and political parties rooted in the status quo of a bygone
era."