The Last Stand: The War Between Wall Street and Main Street over California's Ancient Redwoods
Average customer rating: 3.5 out of 5 stars
  • This is a great read...
  • A little boring
  • Fascinating example of the 80s....but
The Last Stand: The War Between Wall Street and Main Street over California's Ancient Redwoods
David Harris
Manufacturer: Sierra Club Books
ProductGroup: Book
Binding: Paperback

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ASIN: 0871569442

Book Description

The Last Stand is a compelling American saga of greed gone wild and a small town divided over a precious natural resource.
For three generations, the Murphy family ran the Pacific Lumber Company with a tradition of both sustainable forestry and a concern for employee well-being. Their Headwaters Forest in Northern California contained three-quarters of the world's old-growth redwoods in 1985, the year in which a Texas-based conglomerate engineered a hostile takeover of PLC. The new owners quickly increased the harvest of redwoods by 300 percent, gutted the employee pension plan, and began clear-cutting acre upon acre of virgin forest.
Local environmentalists took up the fight to reverse the takeover and save the redwoods. The conflict between conservation efforts and fears of unemployment came to a head at the end of "Redwood Summer," when protesters from across the country came into town and were greeted by residents shouting insults and slinging eggs and tomatoes.
Moving from the paneled boardrooms overlooking Wall Street to the banks of the Eel River, this engrossing account chronicles the ongoing battle between environmentalists and business over irreplaceable natural resources.

Customer Reviews:

5 out of 5 stars This is a great read..........2007-07-31

The Last Stand is a fascinating story and a well written one at that. Couldn't put the book down. My God Charles Hurwitz is a corrupt individual. He should be serving a life sentence in stead of living high off the hog in Houston Texas. Anyone interested in the environmental movement and the destructive practices of modern day clear cutting should read this book.

2 out of 5 stars A little boring.......1999-10-10

very drawn out and boring. does get interesting at times

4 out of 5 stars Fascinating example of the 80s....but.......1997-09-28

It should have been soo much more. Running in the same gamet as Alston Chase's "In a Dark Wood" David Harris goes into some of the same territory. The 'good' lumber company taken over by Wall Street and turned into the mirror of its former self, this book is at it most fascinating describing the moves between PALCO and Charles Hurwitz. The arrival of a hurrican alows him to suceed in his takeover but the company is taken over by the resultant costs both to its people and the enviroment. The final point is well taken.....if you lumber in oblivion there can be no winners. Only with sustained yield can the enviroment, employees and shareholders come out ahead. The only winnter with Palco was Charles Hurwitz.
From Main Street to Wall Street: For-Profit Higher Education: ASHE Higher Education Report (J-B ASHE Higher Education Report Series (AEHE))
Average customer rating: 4 out of 5 stars
  • Thorough, systematic, and resourceful
From Main Street to Wall Street: For-Profit Higher Education: ASHE Higher Education Report (J-B ASHE Higher Education Report Series (AEHE))
Kinser
Manufacturer: Jossey-Bass
ProductGroup: Book
Binding: Paperback

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  1. Lessons from the Edge: For-Profit and Nontraditional Higher Education in America (ACE/Praeger Series on Higher Education) Lessons from the Edge: For-Profit and Nontraditional Higher Education in America (ACE/Praeger Series on Higher Education)
  2. Earnings from Learning: The Rise of For-profit Universities (Suny Series, Frontiers in Education) Earnings from Learning: The Rise of For-profit Universities (Suny Series, Frontiers in Education)
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ASIN: 0787985287

Customer Reviews:

4 out of 5 stars Thorough, systematic, and resourceful.......2007-08-23

I've read a lot of books on for-profit universities lately, and this one is by far the most systematic and thorough study. The author digs up many interesting details and has a keen eye for history and typology. The study has its limits, however -- the extraordinary lobbying efforts of the industry are only superficially covered; the international reach of the for-profits and their plans for their global future, financed by high-profile private equity investment firms, is not really covered; and generally the latest developments over the past several years or so are not in the book -- academic scholarship is much slower than its object of study.
The Politics of Public Fund Investing: How to Modify Wall Street to Fit Main Street
Average customer rating: 5 out of 5 stars
  • A guide written especially for public fund managers directing fixed-income portfolios
  • Super Book!
  • I VOTE.
The Politics of Public Fund Investing: How to Modify Wall Street to Fit Main Street
Ben Finkelstein
Manufacturer: Touchstone
ProductGroup: Book
Binding: Hardcover

Public FinancePublic Finance | Economics | Business & Investing | Subjects | Books
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  1. Investing Public Funds (second edition) Investing Public Funds (second edition)
  2. Financial Management For Public, Health, and Not-for-Profit Organizations (2nd Edition) Financial Management For Public, Health, and Not-for-Profit Organizations (2nd Edition)
  3. The Black Swan: The Impact of the Highly Improbable The Black Swan: The Impact of the Highly Improbable

ASIN: 074326729X

Book Description

Until now, there has never been a book to help public fund managers direct fixed-income portfolios while simultaneously balancing politics, or the need to preserve principal, with economics, or the need to optimize income. The Politics of Public Fund Investing approaches public fund management from the lay perspective, providing much-needed guidance to modify Wall Street strategies to serve the needs of Main Street.

If you manage a public fund, if you are an elected official, or if you oversee a portfolio for a foundation or an endowment, you know the traditional money management strategy used every day on Wall Street doesn't necessarily apply to your situation. For you, investing isn't simply about economics. Wall Street strategies do not take into account election cycles, political risk factors, or the unique performance assessments public funds must undergo. When Wall Street builds a portfolio, it doesn't need to consider the opinions and desires of a wide variety of constituents, and the management of the portfolio's performance doesn't carry the same level of career risk.

This groundbreaking book is the first resource ever available to the stewards of public fund investing entrusted with the responsibility to make financial decisions in this unique environment. The Politics of Public Fund Investing shows readers how to evaluate and measure their funds' performance through specific techniques, standards, and procedures. It begins by addressing the key differences between Wall Street and Main Street, explaining which methods of Wall Street are unsuited to public fund management and why. The book provides a framework for moving from a static investment policy to a dynamic investment plan, making the important distinction between what is "legal" in terms of policy and what is "suitable" in terms of the objectives of the stakeholders. The book goes on to propose exceptional and beneficial insights into appraising a fund's performance along with providing a four-step process to build a politically correct portfolio. Finally, it shows how to be safe and optimize income within the constraints of acceptable risk.

Based on years of experience and invaluable research, The Politics of Public Fund Investing is an innovative, compelling, and much-needed guide to navigating the complex territory where the political environment meets public investing.

Download Description

Until now, there has never been a book to help public fund managers direct fixed-income portfolios while simultaneously balancing politics, or the need to preserve principal, with economics, or the need to optimize income. The Politics of Public Fund Investing approaches public fund management from the lay perspective, providing much-needed guidance to modify Wall Street strategies to serve the needs of Main Street. If you manage a public fund, if you are an elected official, or if you oversee a portfolio for a foundation or an endowment, you know the traditional money management strategy used every day on Wall Street doesn't necessarily apply to your situation. For you, investing isn't simply about economics. Wall Street strategies do not take into account election cycles, political risk factors, or the unique performance assessments public funds must undergo. When Wall Street builds a portfolio, it doesn't need to consider the opinions and desires of a wide variety of constituents, and the management of the portfolio's performance doesn't carry the same level of career risk. This groundbreaking book is the first resource ever available to the stewards of public fund investing entrusted with the responsibility to make financial decisions in this unique environment. The Politics of Public Fund Investing shows readers how to evaluate and measure their funds' performance through specific techniques, standards, and procedures. It begins by addressing the key differences between Wall Street and Main Street, explaining which methods of Wall Street are unsuited to public fund management and why. The book provides a framework for moving from a static investment policy to a dynamic investment plan, making the important distinction between what is "legal" in terms of policy and what is "suitable" in terms of the objectives of the stakeholders. The book goes on to propose exceptional and beneficial insights into appraising a fund's performance along with providing a four-step process to build a politically correct portfolio. Finally, it shows how to be safe and optimize income within the constraints of acceptable risk. Based on years of experience and invaluable research, The Politics of Public Fund Investing is an innovative, compelling, and much-needed guide to navigating the complex territory where the political environment meets public investing.

Customer Reviews:

5 out of 5 stars A guide written especially for public fund managers directing fixed-income portfolios.......2006-08-07

The Politics Of Public Fund Investing: How To Modify Wall Street To Fit Main Street by Ben Finkelstein (Senior Managing Director of Public Funds for Stanford Group Company) is a guide written especially for public fund managers directing fixed-income portfolios, all the while balancing political/ethical considerations with economic/financial ones. Chapters cover how to optimize income and minimize risk; how to align one's portfolio so that it does not violate one's politics; how to profit from losses; callable securities and public fund analytics; and much more. A glossary and index round out this no-nonsense guide especially recommended for novice to intermediate investors.

5 out of 5 stars Super Book!.......2006-03-29

This is a one-of-a-kind book for individuals who manage investment portfolios for state and local governments. Ben's insight on the vast difference between "Main Street" portfolio management and Wall Street way is right on the mark. The book helps government investment professionals communicate important information to their governing boards. It conveys that the return of principal is more important than the return on principal. This is a must read for the thousands of government treasury professionals.

5 out of 5 stars I VOTE........2006-03-01

Although I admittedly lack a career in politics or a keen understanding of investment strategy, I found this book surprisingly compelling, readable, and relevant. Irrespective of one's professional affiliations, Mr. Finkelstein's revolutionary ideas are highly pertinent to all voters and thoughtful individuals seeking to gain a clearer understanding of how their tax dollars are managed and invested. I highly recommend this book, The Politics of Public Funds.
Wall Street to Main Street: Charles Merrill and Middle-Class Investors
Average customer rating: 3.5 out of 5 stars
  • Highly Recommended!
  • Embarrassing attempt at biography
  • An informative account of a crucial figure in U.S. financial
Wall Street to Main Street: Charles Merrill and Middle-Class Investors
Edwin J. Perkins
Manufacturer: Cambridge University Press
ProductGroup: Book
Binding: Paperback

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  1. Liar's Poker: Rising Through the Wreckage on Wall Street Liar's Poker: Rising Through the Wreckage on Wall Street
  2. The House of Morgan: An American Banking Dynasty and the Rise of Modern Finance The House of Morgan: An American Banking Dynasty and the Rise of Modern Finance

ASIN: 0521027799

Book Description

Wall Street to Main Street: Charles Merrill and Middle-Class Investors focuses on the spectacularly successful career of financier Charles Merrill (1885-1956), the founder of Merrill Lynch & Co., the world's largest brokerage and investment firm. Merrill was the most innovative entrepreneur in the United States financial services sector in the twentieth century. He was the most important figure in promoting common stocks as a prudent long-term investment vehicle for members of the middle class across the United States. Opening more than 100 branch offices across the nation by 1950, his firm solicited millions of middle-class households and became famous for bringing "Wall Street to Main Street" in the post-World War II era. Today, American investors hold, either directly or indirectly through mutual funds, a greater percentage of common stocks in their financial portfolios than do the citizens of any other country. Based on archival sources, this book is the first biography published about the career of this major Wall Street figure. Edwin Perkins is a professor of history and an expert on the development of American financial services. Author of five books and several journal articles, Professor Perkins has testified before the U.S. Congress about proposed reforms to U.S. financial laws.

Customer Reviews:

5 out of 5 stars Highly Recommended!.......2001-04-11

Charles Merrill is an authentic American genius and today's capital markets bear his distinctive stamp in many ways, as Edwin J. Perkins' book proves in fascinating detail. While the book works as a business history and as a professional portrait, it is less successful as a biography because Perkins deliberately chose to focus on Merrill's professional life. By keeping Merrill's personal life very much in the background, Perkins declines to bring Merrill's personality to life. We learn about his career, but we do not seem to get to know the man himself. Happily, Merrill's achievements and business innovations are well worth examining. His commitment to service, integrity and the good of the common customer - even when that angered the elite customer - made him richer than most of the aristocrats who fought against him. We [...] recommend this worthy portrayal of a riveting role model to entrepreneurs, finance professionals and any business history buff.

1 out of 5 stars Embarrassing attempt at biography.......2001-01-26

In his introduction, the author attempts vainly to put Merrill in the same category as Morgan and other great financiers. The problem is that he was not a financier, just a guy riding the trend of retailing in the 1920s. But his gratitude for his own personal pension fund appreciating in the 1990s and attributing it to people like Merrill is extremely embarrassing. This suggests that the author is trying to ingratiate himself to Merrill's company. A little balatant. More to the point, Mr. Perkins did not seem to understand his topic very well. He constantly refers to the backroom at Merrill as "backstage." The backroom and its problems was a big topic on Wall St from the 1950s through the 70s although Perkins seems unaware of the whole problem and constantly refers to it as backstage. Did anyone ever research a topic so poorly? Whether Merrill deserves a full fledged biography still remains unclear after reading this amateurish attempt.

4 out of 5 stars An informative account of a crucial figure in U.S. financial.......1999-08-08

I learned a lot about Wall Street history from this book. The relatively overnight successes of technology driven Wall Streeters should not obscure the more remarkable achievements of Charlie Merrill. The author skillfully describes the times in which Merrill operated and gave me a balanced view of Merrill's strengths and weaknesses. The story moves swiftly along and I gained a real appreciation of the future Merrill saw, the opportunities he capitalized on, and those he inspired along the way.
Main Street, Not Wall Street: Investing Close to Home-The Smart Way to Make More Money
Average customer rating: 5 out of 5 stars
  • Main Street Marvels
Main Street, Not Wall Street: Investing Close to Home-The Smart Way to Make More Money
John A. Rubino
Manufacturer: William Morrow & Company
ProductGroup: Book
Binding: Hardcover

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ASIN: 0688154212

Amazon.com

Within a 100-mile radius of you right now, computer geeks are working all hours to advance a high-tech enterprise that will make shareholders--especially the geeks themselves--very rich. Also close to home, a regional retailer is plotting a national expansion. And not far away, a local manufacturer is plotting a turnaround that will revive its fortunes. Here's the best part: you have the means to learn about and invest in these future stars of Wall Street before most anyone on Wall Street has discovered them, at least according to John Rubino, a former stock analyst for the Value Line Investment Survey.

In Main Street, Not Wall Street, Rubino explains how to beat the investment pros by using the special knowledge available to you about businesses in your own city and state. By watching the local business press, working with regional brokerages, and keeping an ear cocked at cocktail parties, Rubino believes that small investors can exploit inefficiencies in the financial markets, where institutions increasingly overlook all but the largest stocks and the fashionable industries of the moment.

Rubino offers tips on how to invest close to home, with appropriate warnings about not putting all of one's nest eggs in any one region's economic basket. The book includes state-by-state listings of information sources and of initial public offerings during 1997. --Barry Mitzman

Book Description

Main Street, Not Wall Street is the ultimate guide to using your hometown advantage to beat the market. John Rubino's commonsense approach helps you recognize and capitalize on up-and-coming local companies and investment opportunities, letting you make more money without ever leaving your neighborhood.

The information you need is right here at your fingertips. To get you started, Main Street, Not Wall Streetincludes a priceless resource section listing over a thousand local brokers, local business to watch, local business journals, and more. With this book, you'll know just where to look - the ticket is beating Wall Street to the punch.

Using real life examples, Rubino shows that when tomorrow's companies are born, their neighbors notice them first; local papers cover them and local brokers recommend their stocks. His step -by-step formula shows you how to turn what you see and what you hear into sound investment strategies.

Main Street, Not Wall Street offers valuable tips on networking with locals in the know, finding and working with a local broker, evaluating the local journals, and using the internet to research new markets. Rubino outlines a definitive system for creating and managing a portfolio of emerging local companies to keep you in the game - and winning.

Customer Reviews:

5 out of 5 stars Main Street Marvels.......1999-12-23

If you're interested in day trading or getting rich quick, don't read this book. If you, however, are interested in long-term wealth, this is an accessible and useful book. The author proves conclusively that, when it comes to investing, "there's no place like home."
Bringing Wall Street to Main Street: The story of K.J. Brown and Company, Inc., 1931-1981 (Ball State University business history series)
Average customer rating: Not rated
    Bringing Wall Street to Main Street: The story of K.J. Brown and Company, Inc., 1931-1981 (Ball State University business history series)
    E. Bruce Geelhoed
    Manufacturer: Bureau of Business Research, College of Business, and Dept. of History
    ProductGroup: Book
    Binding: Unknown Binding

    Public FinancePublic Finance | Economics | Business & Investing | Subjects | Books
    ASIN: B0006E4VKA
    The CFC story: How America's rural electric cooperatives introduced Wall Street to Main Street
    Average customer rating: Not rated
      The CFC story: How America's rural electric cooperatives introduced Wall Street to Main Street
      Patricia Lloyd Williams
      Manufacturer: National Rural Utilities Cooperative Finance Corp
      ProductGroup: Book
      Binding: Paperback

      EconomicsEconomics | Business & Investing | Subjects | Books | Agricultural | Commercial Policy | Comparative | Consolidation & Merger | Cooperatives | Debt & Deficits | Development & Growth | Econometrics | Economic Conditions | Economic History | Economic Policy & Development | Exports & Imports | Free Enterprise | Inflation | International | Labor & Industrial Relations | Macroeconomics | Microeconomics | Money & Monetary Policy | Natural Resources | Privatization | Public Finance | Statistics | Sustainable Development | Theory | Unemployment | Urban & Regional
      ASIN: 0964530201
      Democracy at Risk: Rescuing Main Street from Wall Street
      Average customer rating: 3 out of 5 stars
      • Jeff Gates is a socialist posing as a capitalist
      • A vision for a populist form of capitalism
      • Democracy as if People Matter
      • OF MERIT, BUT...
      Democracy at Risk: Rescuing Main Street from Wall Street

      Manufacturer: Basic Books
      ProductGroup: Book
      Binding: Paperback

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      1. The Ownership Solution Toward a Shared Capitalism for the 21st Century The Ownership Solution Toward a Shared Capitalism for the 21st Century

      ASIN: 0738204838

      Amazon.com

      "We've created a mean economy--a sumptuous heaven for some, an ungodly struggle for most, and a living hell for many," writes Jeff Gates in Democracy at Risk. The United States, he says, suffers from "affluenza." It is a democracy in name only: "Who would vote for a system in which just three Americans--Microsoft cofounders Bill Gates and Paul Allen plus Berkshire Hathaway's Warren Buffett--have a net worth larger than the combined GDP of the forty-one poorest nations and their 550 million people?" What's more, American capitalism has been a global disaster: "The United States should begin this new century of capitalism with a mea culpa. Our stature in the world community would be much enhanced if we simply concede what everyone already knows--that our pell-mell worldwide pursuit of profit has been accompanied by considerable human, political, and ecological damage."

      And yet it would be wrong to call Democracy at Risk a standard left-wing appraisal. Gates considers himself a capitalist, and he calls for sharing the fruits of capitalism with all workers through stock ownership. Conservatives will regard Gates as a quasi Marxist with his calls for imposing "a capital commons user fee" on international trade, a foreign policy whose main concern is "the worldwide alleviation of poverty" rather than national security, and his near-obsession with concentrations of wealth. Democrarcy at Risk is, at its heart, a progressive book, but one not beholden to the Democratic Party. Gates's criticism of Social Security, for instance, would spring from the mouth of few politicians of any stripe. He lambastes it as "an income transfer funded with a job tax." At times, the book seems unfocused, with its 19-point plan in the first chapter. But nobody can doubt Gates's commitment to reducing the inequality of wealth or his passion for fighting plutocracy. The book includes endorsements from Noam Chomsky, William Greider, and Ralph Nader; for readers who admire these minds, Democracy at Risk will be a volume. --John J. Miller

      Book Description

      From the leading voice in the "shared capitalism" movement comes a manifesto for spreading wealth and creating a truly democratic society.

      "A bible for a powerful populism that will arise after the latest Gilded Age is over. Read it and run, or read it and recover your sense of what it could mean to actually live in a democratic society." -Paul Hawken, author, Natural Capitalism and The Ecology of Commerce

      "[Gates] offers an ambitious "populist vision." You may not like its answers, but you can't ignore the questions." -Cheryl Dahle, Fast Company

      "A political-economic manifesto for the new millennium....This persuasive and well-documented work will generate thoughtful discussion." -Library Journal

      Citing alarming statistics, Jeff Gates convincingly argues that the current economic boom is largely a mirage, buoyed by policies that continue to reward the wealthy and punish the poor. With equal measures of passion and incisive reasoning, he proposes an ambitious yet practical program of financial, political, and economic reform.

      Customer Reviews:

      2 out of 5 stars Jeff Gates is a socialist posing as a capitalist.......2005-06-08

      Any book recommmended by Noam Chomsky, Bill Greider, and Ralph Nader is a socialist tome to be sure. Jeff Gates, the author here, needs to acquaint himself with Adam Smith, author of "the wealth of nations". and Hernando DeSoto who wrote "the Mystery of Capitalism." He also needs to come to grips with the truth that Marx's Capitalist Manifesto missed the mark when it failed to cite that human initiative is the most important component in the means of production and the means of exchange.

      It isn't capitalism that's out of control but those in the bureaucracy who seek to interposition themselves between the money freely spent by consumers, making one voluntary choice over another, and the corporations that have provided them with the requisite goods or services. Unlike governments, corporations go out of business if they don't squarely meet consumer demand on an ongoing basis.

      The reason why those in America have a better lifestyle, more choices, and a greater surplus for the common man is that private proerty in America is protected by a rule of law. In Gates' world he or those like him would make the decisions as to who gets what, when where and how. This is known as crony capitalism and is practiced around the world. Indeed, all of those poverty stricken countries would do well to have companies like Microsoft or Walmart providing jobs for their citizens not to mention the cheaper, quality goods they provide. Instead the political elites enrich themselves while overtaxing and over regulating those who would create new jobs.

      Gates' citations of statistics in support of his theories is selective to say the least. Nowhere does he mention that the number of hours the average worker has to work in order to buy a consumer good, say a car, has dropped dratically over the last 50 years. Nor does he break out the amount of income apportioned to capital gains by those he sees as rich. He picks starting dates which come immediately after down markets in securities where capital gains income was at a minimum, and then uses a future date coinciding with the culmination of a long uptrend in securities prices. This is not the way to fairly represent the state of things in the economy. As anecdotal proof, if things are so bad in America where are so many immigrants poring across our borders trying to get in? How many people are taking a raft or swimming to Cuba for that free health care?

      This is just another left-wing screed from a guy who truncated his analysis at the point where he felt sufficiently aglow with his own motives. Jeff Gates, the self rightious apostate of the left, needs to continue doing his homework. Adam Smith's "Wealth of Nations" would be a good starting point.

      3 out of 5 stars A vision for a populist form of capitalism.......2002-06-14

      In "Democracy at Risk", author Jeff Gates opines that democracy in the United States has actually become a plutocracy. Average citizens have little to no influence with legislators when compared with the access extremely wealthy capitalists have gained from years of dominating the financing of the major political parties. Declining voter turnout suggests that citizens are resigned to a condition of powerlessness, one of many symptoms of an unhealthy democracy.

      Against this backdrop, Gates believes that the time is ripe for a new form of populist politics. He boldly sketches out a proposed populist political agenda that he believes could connect with today's disillusioned voters. Gates includes an interesting section where he describes the type of personality an ideal populist Presidential candidate might need to possess in order to attract voters and deal effectively with opposition parties.

      As a veteran Beltway insider and architect of the legislation that created ESOPs (employee stock ownership plans) in the 1970s, Gates knows a lot about finance, ownership and public policy. He shows how current laws privilege finance at the expense of labor and the environment but argues that such laws can be changed if the people demand it. Therefore, Gates believes that an important task for a populist party will be to educate the public about the link between concentrated financial power and ownership with economic and environmental sustainability.

      Gates writes with knowledge and passion, but at times the rush of ideas is so intense that the book tends to wander off course. For example, there are dozens of brilliant and imaginative ideas sprinkled throughout the text. But this is sometimes confusing for the reader, given that Gates organized the book into four distinct sections; shouldn't these important solutions have been grouped in one place to facilitate ease of reference?

      But Gates does in fact reserve section four of the book for his cornerstone idea: "Share Our Wealth", a highly controversial program of wealth redistribution (from the rich to everyone else). Understanding that this proposal will raise more than a few eyebrows, Gates includes a Question and Answer section to address objections to his plan. But while the idea may have some merit, I think that the proposal would generate such intense opposition that it might overshadow and crush the otherwise adminrable populist agenda that the author has successfully envisioned. Indeed, "Share Our Wealth" is an idea of such magnitude that it more rightly deserves a separate book to flesh out the idea more fully and provide the support it needs to make the idea defensible.

      Overall, this book in my view accurately diagnoses much of what is wrong with our democracy and proposes some useful populist-flavored solutions, but unfortunately does not convincingly make the case for the "Share Our Wealth" concept. Nevertheless, "Democracy at Risk" is recommended reading for those who may be pondering how a fully-functioning democracy might be restored in this country.

      5 out of 5 stars Democracy as if People Matter.......2001-07-07

      Jeff Gates is clearly a powerful thinker and a thoughtful human being. He writes with conviction and credibility. He knows what he's talking about. He was the consummate 'insider', having spent more than a decade on Capital Hill as counsel to the Senate Finance Committee. DEMOCRACY AT RISK provides stark evidence that 'we the people' are no longer citizens who are served by the 'common good'. Instead, we are 'consumers' being herded and manipulated to serve an all powerful 'marketplace' and the small number of people who have become obscenely wealthy as a result. For example, 70% of all earnings growth in the U.S. since the 1970's has gone to less than 1% of the people. Gates says that highly concentrated wealth patterns aren't forces of nature: they're political choices. We can choose something quite different and far more inclusive - provided we're offered that choice. Gates calls for a society built on a more natural, caring form of capitalism, with broad ownership patterns. Gates argues that this 'populist' agenda is neither liberal or conservative; Democratic or Republican. It's about restoring a democracy that is badly broken. It's about removing corruption from a political system awash in influence money. He does not suggest making things right will be easy; only that it is necessary. If you want to understand the powerful, largely hidden forces shaping our society; if you want a vision for something better; if you want to be part of the solution, read this book.

      3 out of 5 stars OF MERIT, BUT..........2000-07-19

      THIS IS A BOOK THAT MUST BE RECOMMENDED. IT MAY BE ESPECIALLY IMPORTANT FOR A BOOK OF THIS TYPE TO APPEAR IN OUR CURRENT ECONOMIC CLIMATE AS AN ANTIDOTE TO A POTENTIALLY DANGEROUS COMPLACENCY AND THE TENDENCY TO ENGAGE IN BLIND, GOOD-TIMES BOOSTERISM. AS SUCH, THE IMPERATIVE TO RECOMMEND LIES IN THE VALUE OF THE DETAILED INFORMATION IT PROVIDES IN ARGUING THAT SOMETHING IS AMISS IN THE LAND OF MILK AND HONEY. THIS IS ITS STRENGTH AND MERIT. IT IS THE SAME MERIT THAT DEMANDS THAT CORRECTING ANY PATHOLOGY FIRST REQUIRES RECOGNIZING THAT THERE IS A PATHOLOGY. BUT MY RECOMMENDATION COMES WITH A LARGE CAVEAT; NAMELY THAT THE PATHOLOGY LIES NOT MERELY IN THE LAND OF MILK AND HONEY BUT ALSO IN THE REALM OF ECONOMIC THEORY. ONCE THIS WORK HELPS US TO RECOGNIZE THAT THERE IS A PROBLEM, WHAT DO WE DO TO RATIONALIZE AND JUSTIFY THE IMPLEMENTATION OF A CORRECTIVE, AND WHICH CORRECTIVE? THAT YOU WILL NOT FIND HERE. FOR THOSE WHO WISH TO TAKE THE LOGICAL NEXT STEP OF MOVING ONTO TO THESE ISSUES, I WOULD MOST EMPHATICALLY RECOMMEND A TITLE FROM JUST ONE YEAR AGO THAT POWERFULLY ADDRESSES THESE CRITICAL AND FAR TOO OVERLOOKED SOLUTIONS TO THE PROBLEMS ELEVATED TO OUR ATTENTION IN DEMOCRACY AT RISK AND THAT COMPELLINGLY ARGUES THAT THE PROBLEM IS NOT MERELY IN THE LAND OF MILK AND HONEY, BUT ALSO IN THE REALM OF THE FUNDAMENTALS OF ECONOMIC THEORY GUIDING OUR ECONOMIC MANAGEMENT POLICIES. I REFER TO THE TERRIBLY IMPORTANT WORK, BINARY ECONOMICS:THE NEW PARADIGM, BY PROFESSOR ROBERT ASHFORD AND RODNEY SHAKESPEARE. ANYONE INTERESTED IN AND CONCERNED WITH THE LEGITIMATE ISSUES RAISED IN DEMOCRACY AT RISK, WILL NOT WANT TO IGNORE THE PROFOUNDLY IMPORTANT THEORETICAL AND INSTITUTIONAL POLICY PROPOSALS FOR A SOLUTION TO THOSE PROBLEMS PROVIDED IN BINARY ECONOMICS:THE NEW PARADIGM.
      Equity for Rural America: From Wall Street to Main Street
      Average customer rating: Not rated
        Equity for Rural America: From Wall Street to Main Street
        Mark; Et Al Drabenstott
        Manufacturer: Federal Reserve Bank of Kansas City
        ProductGroup: Book
        Binding: Paperback
        ASIN: B000K3KATI
        The Financial Services Shockwave: Survival Tactics for Wall Street and Main Street
        Average customer rating: Not rated
          The Financial Services Shockwave: Survival Tactics for Wall Street and Main Street
          John M. Watts
          Manufacturer: Prentice Hall
          ProductGroup: Book
          Binding: Hardcover

          Public FinancePublic Finance | Economics | Business & Investing | Subjects | Books
          GeneralGeneral | Business & Investing | Subjects | Books
          Banks & BankingBanks & Banking | Industries & Professions | Business & Investing | Subjects | Books
          ASIN: 0133168522

          Books:

          1. The Master Swing Trader: Tools and Techniques to Profit from Outstanding Short-Term Trading Opportunities
          2. The Moral Consequences of Economic Growth
          3. The Toyota Product Development System: Integrating People, Process And Technology
          4. The Wealth of Nations (Bantam Classics)
          5. The Wealth of Networks: How Social Production Transforms Markets and Freedom
          6. The Work of Nations: Preparing Ourselves for 21st Century Capitalism
          7. The World Is Flat: A Brief History of the Twenty-first Century
          8. This Land: The Battle over Sprawl and the Future of America
          9. Trade Options Online (Wiley Online Trading for a Living)
          10. Transnational Adoption: A Cultural Economy of Race, Gender, and Kinship (Nation of Newcomers)

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