With even President Obama lamenting the loss of social mobility in America it now seems the majority of the American people no longer believe in the American Dream. According to a Bloomberg Poll the “land of opportunity” meme, long established irrespective of evidence, has finally been smothered by the realities of plutocracy.
|By: DSWright Wednesday December 11, 2013 11:10 am|
|By: BrandonJ Monday October 7, 2013 7:15 pm|
I support the 1 percent.
It is time in the United States they become a part of our “radical revolution of values.”
I am talking of course of the bottom 1 percent of Americans who live on less than $2 a day.
|By: Nona Willis Aronowitz Saturday August 31, 2013 1:59 pm|
Through 100 in-depth interviews Silva vividly pulls us into this world, mostly in Richmond, Virginia, and Lowell, Massachusetts, where her grandparents grew up. The most striking thing about these stories is that they’re not only about debt or empty checking accounts; they’re about small moments wherein our institutions have ignored, confused, or overwhelmed working class people. Isaac doesn’t apply for financial aid for community college because his mother feels uncomfortable providing her salary for the FAFSA. Christopher feels “tricked” for being taxed $400 for not purchasing Massachusetts health insurance because he was unemployed and didn’t know how to look for free health care. Eileen tries to collect welfare, but couldn’t despite her low income because she inherited a house from her mother.
These moments spark not only resentment in the “system,” but between different groups.
|By: Cynthia Kouril Saturday August 17, 2013 1:59 pm|
Are you old enough to remember when Masters of the Universe actually felt the need to give back? Can you remember the days when regulations were seen as good things? When the phrase “consumer protection” was used by someone other than Elizabeth Warren? If you’re too young to remember what the world was like when we had decades of prosperity and relative economic fairness in the “managed economy”, or if you want to take stroll down memory lane, back to the days of economic regulation, you may want to crack the spine on this book.
|By: Lisa Derrick Monday July 29, 2013 4:59 pm|
Robert Williams is Mr. Bitchin’, pure and simple. He’s the balls-to-the-walls fine artist whose skill and style broke down traditional fine art and opened up an entire new genre, now identified as Pop Surrealism, conceptual realism, and by the term Williams himself coined, “lowbrow.” And Williams is an example of the American Dream gone slightly askew, as dreams in the latter 20th century were inclined to do.
|By: DSWright Monday July 29, 2013 1:14 pm|
80 percent of U.S. adults struggle with poverty and diminished opportunities. An amazing statistic given America’s position as the richest country in the world and a thorough reality-based indictment of the American Dream mythology. A reality even President Obama, a skilled politician at preying on people’s hopes, was forced to acknowledge recently as the evidence piles up that American society is less mobile than much of the developed world and no longer the land of opportunity.
|By: DSWright Thursday May 9, 2013 10:55 am|
A report by the New America Foundation details the systematic undermining of the financial aid system by colleges and universities who are using financial aid to attract wealthy students rather than open doors for poorer ones, forcing poorer students to either not attend or take on high debt burdens.
|By: Kevin Gosztola Sunday May 5, 2013 4:00 pm|
The American Dream leads most Americans to believe they are entitled to prosperity and success. Some feel they are more entitled to that prosperity and success than others. Some also are more willing to toil for that prosperity and success. If one is handed down prosperity and success, there is an even greater weight to hold up on one’s shoulders, since failure can mean losing everything a family has built from years of hard work and sacrifice.
|By: DSWright Tuesday January 29, 2013 1:50 pm|
The failure of the Treasury Department under Tim Geithner to rein in bonuses for companies bailed out by taxpayers has been an issue since TARP began.
|By: Lisa Derrick Tuesday October 11, 2011 7:50 am|
On Sunday I went down to Occupy LA with world traveler and gentleman of leisure, author Dr. Paul Koudounaris, whose book Empire of Death will be featured on Firedoglake’s Book Salon October 30, and we found ourselves in the midst of an Occupy LA March. So we traipsed along, picking up bottled water from a volunteer.