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16min chapter
Is the American Dream in Decline?
Open to Debate
The Erosion of the American Dream
This chapter examines the decline of the American Dream, particularly among working-class individuals without four-year degrees, due to policies initiated in the 1980s that have exacerbated inequality. It reflects on historical economic patterns over the last 50 years, including the effects of the 2007-2009 financial crisis, and suggests a shift towards more inclusive capitalism. The conversation further explores the disconnection between economic indicators and public sentiment, highlighting rising union participation and social justice movements as responses to dissatisfaction with current policies.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode