Ronald P. Formisano
Plutocracy in America
How Increasing Inequality Destroys the Middle Class and Exploits the Poor
Johns Hopkins University Press 2015
New Books in American StudiesNew Books in EconomicsNew Books in Peoples & PlacesNew Books in Political ScienceNew Books in Politics & SocietyNew Books in Public PolicyNew Books Network September 21, 2015 Heath Brown
Ronald P. Formisano has written Plutocracy in America: How Increasing Inequality Destroys the Middle Class and Exploits the Poor (Johns Hopkins UP, 2015). Formisano is the William T. Bryan Chair of American History and professor emeritus of history at the University of Kentucky.
Are those in the United States living in a plutocracy? Formisano offers a full-throated “definitely, yes.” His wide-ranging book explores the nature of inequality, the role political institutions play in perpetuating inequality, and several ways to change the status quo. Plutocracy in America is a provocative read about the status of the country today.