Saturday, July 25, 2009

The Man Who Sold the World: Ronald Reagan and the Betrayal of Main Street America by William Kleinknecht

Interesting book about former president Late Ronald Regan and his legacy.

Since American society is now going through a mega transformation, no wonder it is of interest to many people to look at what brought us to this state. It is not necessarily a bad state but one that is making people really wonder if all the prosperity and wealth that we enjoyed over last 20 years was real. Whether it was real or not, how did we get here? What we lost in the process? Were the gains worth it compared to societal decline that we fail to see? Who sowed the seeds of the gradual decay? How did their choices and decision started off the decaying process?

A lot of questions. Witch hunting has to begin somewhere.

This book takes a critical look at Regan and his policies. It tries to make a case for how his policies started the process of general rot in the society. How his policies favored the rich and screwed the poor. How Regan and his cronies manipulated American population. Regan is regarded as the person who deregulated many things and gave more free hand to private enterprises. In that process how he let them make tonnes of money at the expense of common people. How he and his cronies engineered the systematic transfer of wealth from tax payers to some favored rich. It goes on and on.

Makes an interesting read. Regan was the president almost 20 years back. It is hard pin all the blame on him but one thing is sure the era of excesses began during that time. When going was good, everyone was happy. When things turned sour in 2008, no wonder we were left asking how we ever got into this stage. So, from that perspective, it does not hurt to ask tough questions of ourselves and our leaders.

Very well written book. Reads fast. Simple and lucid narration. Good book if you are interested in socio-political history over last 30 years.


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