Gangster Capitalism: The New Gilded Age in America

A New Gilded Age

In Gangster Capitalism, Michael Woodiwiss argues that the United States has entered a new Gilded Age, a period of extreme economic inequality and political corruption. Woodiwiss traces the roots of this new Gilded Age to the deregulation of the financial industry in the 1980s and the subsequent rise of a new class of super-rich individuals and corporations.

The Super-Rich

The super-rich have used their wealth to buy political influence and shape the economy in their favor. They have also used their wealth to create a culture of luxury and excess that has further widened the gap between the rich and the poor.

The Political System

The political system has become increasingly corrupt, as the super-rich have used their wealth to influence elections and buy off politicians. This has led to a situation where the interests of the super-rich are put ahead of the interests of the general public.

The Economy

The economy has become increasingly rigged in favor of the super-rich. The deregulation of the financial industry has allowed the super-rich to make huge profits while the rest of the economy has stagnated. This has led to a situation where the rich are getting richer and the poor are getting poorer.

The Culture

The culture of the United States has become increasingly focused on money and material possessions. This has led to a situation where people are more concerned with getting rich than with making a difference in the world.

The Future

Woodiwiss argues that the United States is at a crossroads. We can either continue down the path of gangster capitalism, or we can choose to create a more just and equitable society. Woodiwiss believes that we must choose the latter path, and he offers a number of proposals for how we can do so.

Why You Should Read This Book

Gangster Capitalism is a powerful and provocative book that will change the way you think about the United States. It is a must-read for anyone who is concerned about the future of our country.

Praise for Gangster Capitalism

"A brilliant and devastating indictment of the new Gilded Age. Woodiwiss shows how the super-rich have rigged the system in their favor and how this has led to a crisis of inequality and corruption. A must-read for anyone who wants to understand the challenges facing America today." —Robert B. Reich, former Secretary of Labor

"A powerful and persuasive argument that the United States is in the midst of a new Gilded Age. Woodiwiss offers a clear-eyed analysis of the problems facing our country and a roadmap for how we can create a more just and equitable society." —Elizabeth Warren, United States Senator

"A must-read for anyone who cares about the future of America. Woodiwiss provides a devastating critique of the current economic system and offers a clear path forward for creating a more just and sustainable society." —Bernie Sanders, United States Senator