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The American Dream And The Power Of Wealth
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Book Synopsis The American Dream and the Power of Wealth by : Heather Beth Johnson
Download or read book The American Dream and the Power of Wealth written by Heather Beth Johnson and published by Routledge. This book was released on 2014-11-20 with total page 252 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite the overwhelming evidence against them, many people still believe they can overcome the economic and racial constraints placed upon them at birth. In the first edition, Heather Beth Johnson explored this belief in the American Dream with over 200 in-depth interviews with black and white families, highlighting the ever-increasing racial wealth gap and the actual inequality in opportunities. This second edition has been updated to make it fully relevant to today’s reader, with new data and illustrative examples, including twenty new interviews. Johnson asks not just what parents are thinking about inequality and the American Dream, but to what extent children believe in the American Dream and how they explain, justify, and understand the stratification of American society. This book is an ideal addition to courses on race and inequality.
Book Synopsis Requiem for the American Dream by : Noam Chomsky
Download or read book Requiem for the American Dream written by Noam Chomsky and published by Seven Stories Press. This book was released on 2017-03-28 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: A NEW YORK TIMES BESTSELLER! In his first major book on the subject of income inequality, Noam Chomsky skewers the fundamental tenets of neoliberalism and casts a clear, cold, patient eye on the economic facts of life. What are the ten principles of concentration of wealth and power at work in America today? They're simple enough: reduce democracy, shape ideology, redesign the economy, shift the burden onto the poor and middle classes, attack the solidarity of the people, let special interests run the regulators, engineer election results, use fear and the power of the state to keep the rabble in line, manufacture consent, marginalize the population. In Requiem for the American Dream, Chomsky devotes a chapter to each of these ten principles, and adds readings from some of the core texts that have influenced his thinking to bolster his argument. To create Requiem for the American Dream, Chomsky and his editors, the filmmakers Peter Hutchison, Kelly Nyks, and Jared P. Scott, spent countless hours together over the course of five years, from 2011 to 2016. After the release of the film version, Chomsky and the editors returned to the many hours of tape and transcript and created a document that included three times as much text as was used in the film. The book that has resulted is nonetheless arguably the most succinct and tightly woven of Chomsky's long career, a beautiful vessel--including old-fashioned ligatures in the typeface--in which to carry Chomsky's bold and uncompromising vision, his perspective on the economic reality and its impact on our political and moral well-being as a nation. "During the Great Depression, which I'm old enough to remember, it was bad–much worse subjectively than today. But there was a sense that we'll get out of this somehow, an expectation that things were going to get better . . ." —from Requiem for the American Dream
Book Synopsis Who Stole the American Dream? by : Hedrick Smith
Download or read book Who Stole the American Dream? written by Hedrick Smith and published by Random House Trade Paperbacks. This book was released on 2013-08-27 with total page 626 pages. Available in PDF, EPUB and Kindle. Book excerpt: Pulitzer Prize winner Hedrick Smith’s new book is an extraordinary achievement, an eye-opening account of how, over the past four decades, the American Dream has been dismantled and we became two Americas. In his bestselling The Russians, Smith took millions of readers inside the Soviet Union. In The Power Game, he took us inside Washington’s corridors of power. Now Smith takes us across America to show how seismic changes, sparked by a sequence of landmark political and economic decisions, have transformed America. As only a veteran reporter can, Smith fits the puzzle together, starting with Lewis Powell’s provocative memo that triggered a political rebellion that dramatically altered the landscape of power from then until today. This is a book full of surprises and revelations—the accidental beginnings of the 401(k) plan, with disastrous economic consequences for many; the major policy changes that began under Jimmy Carter; how the New Economy disrupted America’s engine of shared prosperity, the “virtuous circle” of growth, and how America lost the title of “Land of Opportunity.” Smith documents the transfer of $6 trillion in middle-class wealth from homeowners to banks even before the housing boom went bust, and how the U.S. policy tilt favoring the rich is stunting America’s economic growth. This book is essential reading for all of us who want to understand America today, or why average Americans are struggling to keep afloat. Smith reveals how pivotal laws and policies were altered while the public wasn’t looking, how Congress often ignores public opinion, why moderate politicians got shoved to the sidelines, and how Wall Street often wins politically by hiring over 1,400 former government officials as lobbyists. Smith talks to a wide range of people, telling the stories of Americans high and low. From political leaders such as Bill Clinton, Newt Gingrich, and Martin Luther King, Jr., to CEOs such as Al Dunlap, Bob Galvin, and Andy Grove, to heartland Middle Americans such as airline mechanic Pat O’Neill, software systems manager Kristine Serrano, small businessman John Terboss, and subcontractor Eliseo Guardado, Smith puts a human face on how middle-class America and the American Dream have been undermined. This magnificent work of history and reportage is filled with the penetrating insights, provocative discoveries, and the great empathy of a master journalist. Finally, Smith offers ideas for restoring America’s great promise and reclaiming the American Dream. Praise for Who Stole the American Dream? “[A] sweeping, authoritative examination of the last four decades of the American economic experience.”—The Huffington Post “Some fine work has been done in explaining the mess we’re in. . . . But no book goes to the headwaters with the precision, detail and accessibility of Smith.”—The Seattle Times “Sweeping in scope . . . [Smith] posits some steps that could alleviate the problems of the United States.”—USA Today “Brilliant . . . [a] remarkably comprehensive and coherent analysis of and prescriptions for America’s contemporary economic malaise.”—Kirkus Reviews (starred review) “Smith enlivens his narrative with portraits of the people caught up in events, humanizing complex subjects often rendered sterile in economic analysis. . . . The human face of the story is inseparable from the history.”—Reuters
Download or read book Inflated written by R. Christopher Whalen and published by John Wiley & Sons. This book was released on 2010-12-07 with total page 416 pages. Available in PDF, EPUB and Kindle. Book excerpt: Americans as a whole view themselves as reasonably prudent and sober people when it comes to matters of money, reflecting the puritan roots of the earliest European settlers. Yet as a community, we also seem to believe that we are entitled to a lifestyle that is well-beyond our current income, a tendency that goes back to the earliest days of the United States and particularly to get rich quick experiences ranging from the Gold Rush of the 1840s to the real estate bubble of the early 21st Century. Inflated examines this apparent conflict and makes the argument that such a world view is so ingrained in us that to expect the United States to live in a "deflated" world is simply unrealistic. It skillfully seeks to tell the story of, money inflation and public debt as enduring (and perhaps endearing) features of American life, rather than something we can one day overcome as our policy makers constantly promise. Features interviews with today's top financial industry leaders and insiders. Offer a glimpse into the future of the Federal Reserve and the role it will play in the coming years Examines what the future may hold for the value of the U.S. dollar and the real incomes of future generations of Americans The gradual result of the situation we find ourselves in will inevitably lead to inflation, loss of economic opportunity, and a decline in the value of the dollar. This book will show you why, and reveal how we might be able to deal with it.
Book Synopsis The Epic of America by : James Truslow Adams
Download or read book The Epic of America written by James Truslow Adams and published by Transaction Publishers. This book was released on 2012-05-01 with total page 455 pages. Available in PDF, EPUB and Kindle. Book excerpt: Originally published in 1931 by Little, Brown, and Company.
Book Synopsis Cashing in on the American Dream by : Paul Terhorst
Download or read book Cashing in on the American Dream written by Paul Terhorst and published by Bantam. This book was released on 1988 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: A brilliant and practical five year plan for all who dream of retiring while they're young and healthy enough to enjoy it. Provides clear advice on how to overcome the personal, financial and psychological obstacles.
Book Synopsis The American Dream vs. The Gospel of Wealth by : Norton Garfinkle
Download or read book The American Dream vs. The Gospel of Wealth written by Norton Garfinkle and published by Yale University Press. This book was released on 2008-10-01 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: Norton Garfinkle paints a disquieting picture of America today: a nation increasingly divided between economic winners and losers, a nation in which the middle-class American Dream seems more and more elusive. Recent government policies reflect a commitment to a new supply-side winner-take-all Gospel of Wealth. Garfinkle warns that this supply-side economic vision favors the privileged few over the majority of American citizens striving to better their economic condition. Garfinkle employs historical insight and data-based economic analysis to demonstrate compellingly the sharp departure of the supply-side Gospel of Wealth from an American ideal that dates back to Abraham Lincoln—the vision of America as a society in which ordinary, hard-working individuals can get ahead and attain a middle-class living, and in which government plays an active role in expanding opportunities and ensuring against economic exploitation. Supply-side economic policies increase economic disparities and, Garfinkle insists, they fail on technical, factual, moral, and political grounds. He outlines a fresh economic vision, consonant with the great American tradition of ensuring strong economic growth, while preserving the middle-class American Dream.
Book Synopsis The American Dream and the Power of Wealth by : Heather Beth Johnson
Download or read book The American Dream and the Power of Wealth written by Heather Beth Johnson and published by Routledge. This book was released on 2014-05 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: In contemporary America, the racial wealth gap is growing, with families transmitting race and class inequalities from generation to generation. Yet Americans continue to hold deep-rooted beliefs in the principles of individualism, equal opportunity, and meritocracy. Education, the "Great Equalizer," is supposed to level the playing field, ensuring that every child—regardless of family of origin—gets an equal chance at success. Drawing on in-depth interviews with 200 black and white families, The American Dream and the Power of Wealth starkly reveals the enormous extent to which parents defend their beliefs in the values that lie at the heart of the American Dream. Yet the way wealth is acquired and the way it is used categorically puts children from different families on vastly different educational trajectories, leaving them with uneven sets of opportunities.
Book Synopsis Third Wave Capitalism by : John Ehrenreich
Download or read book Third Wave Capitalism written by John Ehrenreich and published by Cornell University Press. This book was released on 2016-04-05 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: In Third Wave Capitalism, John Ehrenreich documents the emergence of a new stage in the history of American capitalism. Just as the industrial capitalism of the nineteenth century gave way to corporate capitalism in the twentieth, recent decades have witnessed corporate capitalism evolving into a new phase, which Ehrenreich calls "Third Wave Capitalism." Third Wave Capitalism is marked by apparent contradictions: Rapid growth in productivity and lagging wages; fabulous wealth for the 1 percent and the persistence of high levels of poverty; increases in the standard of living and increases in mental illness, personal misery, and political rage; the apotheosis of the individual and the deterioration of democracy; increases in life expectancy and out-of-control medical costs; an African American president and the incarceration of a large percentage of the black population. Ehrenreich asserts that these phenomena are evidence that a virulent, individualist, winner-take-all ideology and a virtual fusion of government and business have subverted the American dream. Greed and economic inequality reinforce the sense that each of us is "on our own." The result is widespread lack of faith in collective responses to our common problems. The collapse of any organized opposition to business demands makes political solutions ever more difficult to imagine. Ehrenreich traces the impact of these changes on American health care, school reform, income distribution, racial inequities, and personal emotional distress. Not simply a lament, Ehrenreich’s book seeks clues for breaking out of our current stalemate and proposes a strategy to create a new narrative in which change becomes possible.
Book Synopsis The American Dream Is Not Dead by : Michael R. Strain
Download or read book The American Dream Is Not Dead written by Michael R. Strain and published by Templeton Foundation Press. This book was released on 2020-02-25 with total page 169 pages. Available in PDF, EPUB and Kindle. Book excerpt: Populists on both sides of the political aisle routinely announce that the American Dream is dead. According to them, the game has been rigged by elites, workers can’t get ahead, wages have been stagnant for decades, and the middle class is dying. Michael R. Strain, director of economic policy studies at the American Enterprise Institute, disputes this rhetoric as wrong and dangerous. In this succinctly argued volume, he shows that, on measures of economic opportunity and quality of life, there has never been a better time to be alive in America. He backs his argument with overwhelming—and underreported—data to show how the facts favor realistic optimism. He warns, however, that the false prophets of populism pose a serious danger to our current and future prosperity. Their policies would leave workers worse off. And their erroneous claim that the American Dream is dead could discourage people from taking advantage of real opportunities to better their lives. If enough people start to believe the Dream is dead, they could, in effect, kill it. To prevent this self-fulfilling prophecy, Strain’s book is urgent reading for anyone feeling the pull of the populists. E. J. Dionne and Henry Olsen provide spirited responses to Strain’s argument.
Book Synopsis Wealth and Power by : Orville Schell
Download or read book Wealth and Power written by Orville Schell and published by . This book was released on 2013 with total page 497 pages. Available in PDF, EPUB and Kindle. Book excerpt: Two leading experts on China evaluate its rise throughout the past one hundred fifty years, sharing portraits of key intellectual and political leaders to explain how China transformed from a country under foreign assault to a world giant.
Book Synopsis Behold, America by : Sarah Churchwell
Download or read book Behold, America written by Sarah Churchwell and published by Basic Books. This book was released on 2018-10-09 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: A Smithsonian Magazine Best History Book of 2018 The unknown history of two ideas crucial to the struggle over what America stands for In Behold, America, Sarah Churchwell offers a surprising account of twentieth-century Americans' fierce battle for the nation's soul. It follows the stories of two phrases--the "American dream" and "America First"--that once embodied opposing visions for America. Starting as a Republican motto before becoming a hugely influential isolationist slogan during World War I, America First was always closely linked with authoritarianism and white supremacy. The American dream, meanwhile, initially represented a broad vision of democratic and economic equality. Churchwell traces these notions through the 1920s boom, the Depression, and the rise of fascism at home and abroad, laying bare the persistent appeal of demagoguery in America and showing us how it was resisted. At a time when many ask what America's future holds, Behold, America is a revelatory, unvarnished portrait of where we have been.
Book Synopsis Between the World and Me by : Ta-Nehisi Coates
Download or read book Between the World and Me written by Ta-Nehisi Coates and published by One World. This book was released on 2015-07-14 with total page 163 pages. Available in PDF, EPUB and Kindle. Book excerpt: #1 NEW YORK TIMES BESTSELLER • NATIONAL BOOK AWARD WINNER • NAMED ONE OF TIME’S TEN BEST NONFICTION BOOKS OF THE DECADE • PULITZER PRIZE FINALIST • NATIONAL BOOK CRITICS CIRCLE AWARD FINALIST • ONE OF OPRAH’S “BOOKS THAT HELP ME THROUGH” • NOW AN HBO ORIGINAL SPECIAL EVENT Hailed by Toni Morrison as “required reading,” a bold and personal literary exploration of America’s racial history by “the most important essayist in a generation and a writer who changed the national political conversation about race” (Rolling Stone) NAMED ONE OF THE MOST INFLUENTIAL BOOKS OF THE DECADE BY CNN • NAMED ONE OF PASTE’S BEST MEMOIRS OF THE DECADE • NAMED ONE OF THE TEN BEST BOOKS OF THE YEAR BY The New York Times Book Review • O: The Oprah Magazine • The Washington Post • People • Entertainment Weekly • Vogue • Los Angeles Times • San Francisco Chronicle • Chicago Tribune • New York • Newsday • Library Journal • Publishers Weekly In a profound work that pivots from the biggest questions about American history and ideals to the most intimate concerns of a father for his son, Ta-Nehisi Coates offers a powerful new framework for understanding our nation’s history and current crisis. Americans have built an empire on the idea of “race,” a falsehood that damages us all but falls most heavily on the bodies of black women and men—bodies exploited through slavery and segregation, and, today, threatened, locked up, and murdered out of all proportion. What is it like to inhabit a black body and find a way to live within it? And how can we all honestly reckon with this fraught history and free ourselves from its burden? Between the World and Me is Ta-Nehisi Coates’s attempt to answer these questions in a letter to his adolescent son. Coates shares with his son—and readers—the story of his awakening to the truth about his place in the world through a series of revelatory experiences, from Howard University to Civil War battlefields, from the South Side of Chicago to Paris, from his childhood home to the living rooms of mothers whose children’s lives were taken as American plunder. Beautifully woven from personal narrative, reimagined history, and fresh, emotionally charged reportage, Between the World and Me clearly illuminates the past, bracingly confronts our present, and offers a transcendent vision for a way forward.
Download or read book The Quiet Rich written by Kevin J. Palmer and published by Balboa Press. This book was released on 2015-05-06 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: Finally, a book about how average folks do above average things in order to achieve financial freedom. More than a “how-to” book, this is an “I can” book that illustrates how connecting behaviors that naturally exist within one’s personality makes it easier for anyone to unleash success. In this book, the author disrupts covetous schemes to instead reveal morally principled stories about what truly makes America great and how those understandings can equalize wealth injustices and improve the human condition! After years of drilling down to what truly makes people successful, Wall Streeter, Behavioral Finance Researcher and Champion of Financial Justice, Kevin J. Palmer, has unlocked how a distinctive group of individuals he calls “The Quiet Rich” used a spiritual connection to their personalities to make cognitive decisions that created wealth. Palmer uncovers victorious interpretations from hundreds of study subjects whose activities translated into wealth, from a hitchhiker turned serial entrepreneur to a grandmother who made her fortune wisely investing cookie jar money. His less traveled path of underlying research has blended powerful lessons by correlating Secret Success Standards of The Quiet Rich into common personality types that fit all people. What makes this book unique is that, until now, wealth techniques have come from instructors declaring what they think will work for others. Here, one self-discovers personal achievement practices by synthesizing the experiences of ordinary people who became successful through interpreting spiritual-self and then applying actions that uniquely fit the personality. This is not a one-man mandate that tests how to get rich. Instead, it is a collective voice of many achievers who took individualized paths to attain wealth that intuitively leads others on their own exclusive journey so that it is genuinely effective. This book shines with applied wisdom, courage, and the confidence to build meaningful, fruitful lives while amassing wealth based on virtues learned from these quiet and rich Americans that no one has known until now!
Book Synopsis The Diversity Paradox by : Jennifer Lee
Download or read book The Diversity Paradox written by Jennifer Lee and published by Russell Sage Foundation. This book was released on 2010-05-13 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: African Americans grappled with Jim Crow segregation until it was legally overturned in the 1960s. In subsequent decades, the country witnessed a new wave of immigration from Asia and Latin America—forever changing the face of American society and making it more racially diverse than ever before. In The Diversity Paradox, authors Jennifer Lee and Frank Bean take these two poles of American collective identity—the legacy of slavery and immigration—and ask if today’s immigrants are destined to become racialized minorities akin to African Americans or if their incorporation into U.S. society will more closely resemble that of their European predecessors. They also tackle the vexing question of whether America’s new racial diversity is helping to erode the tenacious black/white color line. The Diversity Paradox uses population-based analyses and in-depth interviews to examine patterns of intermarriage and multiracial identification among Asians, Latinos, and African Americans. Lee and Bean analyze where the color line—and the economic and social advantage it demarcates—is drawn today and on what side these new arrivals fall. They show that Asians and Latinos with mixed ancestry are not constrained by strict racial categories. Racial status often shifts according to situation. Individuals can choose to identify along ethnic lines or as white, and their decisions are rarely questioned by outsiders or institutions. These groups also intermarry at higher rates, which is viewed as part of the process of becoming “American” and a form of upward social mobility. African Americans, in contrast, intermarry at significantly lower rates than Asians and Latinos. Further, multiracial blacks often choose not to identify as such and are typically perceived as being black only—underscoring the stigma attached to being African American and the entrenchment of the “one-drop” rule. Asians and Latinos are successfully disengaging their national origins from the concept of race—like European immigrants before them—and these patterns are most evident in racially diverse parts of the country. For the first time in 2000, the U.S. Census enabled multiracial Americans to identify themselves as belonging to more than one race. Eight years later, multiracial Barack Obama was elected as the 44th President of the United States. For many, these events give credibility to the claim that the death knell has been sounded for institutionalized racial exclusion. The Diversity Paradox is an extensive and eloquent examination of how contemporary immigration and the country’s new diversity are redefining the boundaries of race. The book also lays bare the powerful reality that as the old black/white color line fades a new one may well be emerging—with many African Americans still on the other side.
Book Synopsis The Myth of the American Dream by : D. L. Mayfield
Download or read book The Myth of the American Dream written by D. L. Mayfield and published by InterVarsity Press. This book was released on 2020-05-05 with total page 216 pages. Available in PDF, EPUB and Kindle. Book excerpt: ECPA Top Shelf Book Cover Award Publishers Weekly starred review. Affluence, autonomy, safety, and power. These are the central values of the American dream. But are they compatible with Jesus' command to love our neighbor as ourselves? In essays grouped around these four values, D. L. Mayfield asks us to pay attention to the ways they shape our own choices, and the ways those choices affect our neighbors. Where did these values come from? How have they failed those on the edges of our society? And how can we disentangle ourselves from our culture's headlong pursuit of these values and live faithful lives of service to God and our neighbors?
Book Synopsis Wealth, Power, and Inequality (First Edition) by : James William Ainsworth
Download or read book Wealth, Power, and Inequality (First Edition) written by James William Ainsworth and published by . This book was released on 2013-07-10 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: This text provides an overview of classic theories of social inequality, and links these theories to contemporary issues such as racism, sexism, discrimination, and wealth and educational disparities.
