Democracy and its Elected Enemies American Political Capture and Economic Decline

Democracy and its Elected Enemies reveals that American politicians have usurped their constitutional authority, substituting their economic and political sovereignty for the people's. This has been accomplished by creating an enormous public service sector operating in the material interest of politicians themselves and of their big business and big social advocacy confederates to the detriment of workers, the middle class and the non-political rich, jeopardizing the nation's security in the process. Steven Rosefielde and Daniel Quinn Mills contend that this usurpation is the source of America's economic decline and fading international power, and provide an action plan for restoring 'true' democracy in which politicians only provide the services people vote for within the civil and property rights protections set forth in the constitution.

Part I. The Challenge of American Politocracy: 1. Hard times; 2. Democracy; 3. Politocracy; 4. Silver lining?; 5. Road to ruin; 6. Burden and spoils; 7. Treadmill of reform; Part II. How Politocracy Drives American Policy: 8. Subprime mortgage crisis; 9. Foreign imbroglios; 10. Transnationalism; Part III. Democratic Retreat and Revival: 11. Global retreat; 12. Recovering lost ground.

Steven Rosefielde is a Professor of Economics at the University of North Carolina, Chapel Hill. His most recent books include Russia in the 21st Century: The Prodigal Superpower (Cambridge University Press, 2005), Masters of Illusion: American Leadership in the Media Age (with Daniel Quinn Mills, Cambridge University Press, 2007), Russia Since 1980 (with Stefan Hedlund, Cambridge University Press, 2009), Red Holocaust (2010), Two Asias (edited with Masaaki Kuboniwa and Satoshi Mizobata, 2012), Prevention and Crisis Management (edited with Masaaki Kuboniwa and Satoshi Mizobata, 2012), and Asian Economic Systems. He holds a Ph.D. in economics from Harvard University.
Daniel Quinn Mills is an Emeritus Professor of Business Administration at Harvard University. His most recent books are The Leader's Guide to Past and Future: The History of the World (2013), The Financial Crisis of 2008–10 (2010), and Rising Nations (2009, with Steven Rosefielde). He also wrote Masters of Illusion: American Leadership in the Media Age (with Steven Rosefielde, Cambridge University Press, 2007). He holds a Ph.D. in economics from Harvard University.