Pity the Billionaire

pity the billionaire cover imagePity the Billionaire

Thomas Frank
General Non-Fiction
Metropolitan Books
Hardcover, 240 pages

In Frank's previous book, What's the Matter with Kansas?, he wondered why in the world working people seemed so little interested in pursuing their own self-interest and, instead, bought into a politics that so apparently worked against them - tax cuts for the rich, deregulation, privatization, austerity, and a host of social issues. Policies that built and protected the middle class - unionization; antitrust laws; regulation; and, spending on education, infrastructure and public health - came to be seen as left-wing or worse. In his new book, Thomas looks with continuing amazement at the response of the working and middle classes to the economic collapse of 2008 and the emergence of the Tea Party and an even deeper shift to the virulent right wing. Billionaires have become the new underclass! Talk about "class warfare"!