Transcript of "The Betrayal of the American Dream"
The Betrayal of the AmericanDream
Book Description A New York Times bestseller America’s unique prosperity is based on its creation of a middle class. In the twentieth century, that middle class provided the workforce, the educated skills, and the demand that gave life to the world’s greatest consumer economy. It was innovative and dynamic; it eclipsed old imperial systems and colonial archetypes. It gave rise to a dream: that if you worked hard and followed the rules you would prosper in America, and your children would enjoy a better life than yours.
Book Description The American dream was the lure to gifted immigrants and the birthright opportunity for every American citizen. It is as important a part of the history of the country as the passing of the Bill of Rights, the outcome of the battle of Gettysburg, or the space program. Incredibly, however, for more than thirty years, government and big business in America have conspired to roll back the American dream. What was once accessible to a wide swath of the population is increasingly open only to a privileged few.
Book Description The story of how the American middle class has been systematically impoverished and its prospects thwarted in favor of a new ruling elite is at the heart of this extraordinarily timely and revealing book, whose devastating findings from two of the finest investigative reporters in the country will leave you astonished and angry.
Editorial Reviews Booklist, **starred** review “Barlett and Steele address key elements of this betrayal [of the middle class] (globalization, outsourcing, taxes, pensions, financial-sector dominance), then offer suggestions for reversing it, including progressive tax reform, fair trade, infrastructure investment, focused retraining, and criminal prosecution of white-collar criminals. Expect demand.” Publishers Weekly “The ostensibly willful destruction of the American middle class is laid bare in this villains and underdogs story from the Pulitzer Prize-winning reporting duo…for folks bowled over by the recent financial
Editorial Reviews Leonard Downie, Philadelphia Inquirer “Just in time for this years election, Donald L. Barlett and James B. Steele are continuing the crusade to save the American middle class that they began two decades ago as star investigative reporters at The Philadelphia Inquirer….At a time when the future of investigative reporting is at risk in the digital reconstruction of American news media, Barlett and Steele could once again pioneer new ways of doing it, as they did in part through this collaboration with the Investigative Reporting Workshop. In any event, the publication of The Betrayal of the American Dream during the home stretch of the national political campaign injects a provocative populist imperative into an increasingly intense and perhaps decisive partisan debate over the fate of the American middle class.”
About the Author Donald L. Barlett and James B. Steele are the nation’s most honored investigative reporting team, and authors of the New York Times bestseller America: What Went Wrong? They have worked together for more than forty years, first at the Philadelphia Inquirer (1971–1997), then at Time magazine (1997–2006), and now at Vanity Fair since 2006. They have also written seven books. They are the only reporting team ever to have received two Pulitzer Prizes for newspaper reporting and two National Magazine Awards for magazine work. They live in Philadelphia.
Customer Reviews “ This book is a easy read. ” J. Lindner “ Read this book if you want to understand why the current crisis is much more than a lingering recession that will soon end. ” Bill Buzenberg “ Much of the book is really about unbridled free trade and offshoring and how it has resulted in huge job losses (especially good middle class jobs). ” EK1976
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