Fortunes of Change

Historically, the wealthy have been inclined to vote for Republicans, but David Callahan, a senior fellow of the think tank Demos, discusses why the rich in America are becoming more liberal. In Fortunes of Change: The Rise of the Liberal Rich and the Remaking of America he explores why some of America’s wealthiest people backed Barack Obama’s presidential bid, and are donating record sums to the Democratic Party and liberal organizations; even though they stand to see their taxes go up.