Ranging from chapter to chapter across oceans and centuries, Mr. Phillips constructs a complex analogy between the United States at its superpower zenith and its imperial predecessors in Spain, Holland and Great Britain. His argument isn�t easily summarized, but in essence he�s warning us of certain symptoms that eventually grip all the great capitalist powers: concentration of wealth, polarization of classes, irrational speculation, excessive luxury, technological mania, government corruption, market idolatry and political alienation. He believes that we are being led down the same spiraling path, toward the same dead end.
The Rise & Fall of the American Empire
How the Great Fortunes Grow: The State Lends a Helping Hand, a review of Wealth and Democracy: A Political History of the American Rich, by Kevin Phillips. Intresting sounding book best summed: