The American Dream vs. The Gospel of Wealth

The American Dream vs. The Gospel of Wealth

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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 Lincolna€”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.The Fight for a Productive Middle-Class Economy Norton Garfinkle ... ISBN-13: 978-0-300-10860-6 (alk. paper) ISBN-10: ... (alk. paper) 1. United States a€” Economic conditions. 2. United States a€” Economic policy. 3. Middle class a€” Unitedanbsp;...


Title:The American Dream vs. The Gospel of Wealth
Author: Norton Garfinkle
Publisher:Yale University Press - 2008-10-01
ISBN-13:

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