Monday, December 6, 2010

Why We Are Going Broke: A Video Lecture by Kevin Phillips

It is so hard to get a handle on this economic crisis we are living through.  However, for a very sophisticated and, I think, accurate analysis of how we got here, you couldn't do much better than this video of Kevin Phillips, one of the truly prophetic national analysts of our day.  He came to prominence as an aid to President Nixon, and since then has been writing as a social analyst of our emerging political, economic, and cultural patterns.  The following video is of a lecture he gave in April of 2008, before the crash in September.  He was spot on.  (Since 2008, he has virtually disappeared from sight, and I don't know why.)  He has several books out, if you want to read more, including American Theocracy and Bad Money.

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