Election year 2000 is an appropriate season to reprise the first major history of American political parties in nearly forty years. In this classic work, James Reichley traces the decline of political parties resulting in divided government and an ineffectual political process--but he also shows us what it will take to restore the party system and how it could work to revitalize our democracy. For the first time in paperback, The Life of the Parties includes updates on third party movements, political cycles and realignments, campaign finance reform, and other recent electoral trends. Citizens disillusioned by years of political disarray will find much to reflect upon in Reichley's monumental analysis of the lessons of party history and our contemporary political predicament.