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Street fights.(Every Man a Spectator: A History of Wall Street in American Life)(Book Review)

American Prospect, The,  April, 2005  by Meyerson, Harold

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EVERY MAN A SPECULATOR: A HISTORY OF WALL STREET IN AMERICAN LIFE BY STEVEN FRASER HarperCollins, 752 pages, $29.95

CAN THE NEW DEAL BE REPEALED? Is America's welfare state, incomplete though it is, so out of sync with the nation's individualistic ideology and the political power of business that George W. Bush can actually topple its greatest monument, Social Security?

Are so many Americans now invested in the market that a majority, favors replacing social insurance with private accounts? Or are Americans' egalitarianism, their mistrust of financial wheeler-dealers, and ...

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