Book excerpt: Introduction: the next realignment is coming -- America's first and second party systems: the early republic's love-hate affair with two-party politics -- America's second and third party systems: the rise of Jackson and collapse of the Whigs -- America's third and fourth party systems: the incredible story of William Jennings Bryan -- The fifth party system: how the New Deal forged the parties we know and maybe love -- The liberal and conservative myth -- The American ideal of liberty -- The progressive plan -- The virtue of a republic -- The fury of populism -- The choice: renewal or collapse -- The last hurrah of the fifth party system -- The pendulum of Great Awakenings -- The fourth Great Awakening and the 1960s -- The end of the industrial era -- An unravelling -- What happens next -- Renewal, not decline -- The party of the American Dream.