Today’s “blue” blooded elite drifts to the left

Jan 24, 2011

In his new book, “Fortunes of Change,” author David Callahan argues that liberal views are gaining currency among America’s new upper-class, signaling a continental drift that will topple long-held beliefs about the super-rich. While “old money” tends to back the GOP and its pro-business, anti-government stances, today’s super-educated, nouveau riche professionals and entrepreneurs lean towards liberal ideals like multi-culturalism, active government and civil rights. As products of the new economy and liberal educational institutions, these wealthy liberals are using their money to fund Democratic candidates, gay rights issues and environmental causes. How will this shift in power and influence change the nation’s direction? And what will Republicans do to recapture the upper class?

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