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- Apr 14, 2006
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We have had many threads here touching on the ideology of the American Dream and whether one can make it if only one works hard and makes smart choices in life, or whether there are institutional barriers to success. Opinions are many and varied.
This doctoral dissertation that I just came across https://deepblue.lib.umich.edu/bitstream/handle/2027.42/140842/jwieds_1.pdf?...1... approaches the issue from somewhat of a tangent. Specifically, she asks how people continue to believe in the "work hard/make smart choices" American Dream in the face of objective measures that show that may not be sufficient for them.
She studied people of different economic classes in two towns in the Rust Belt and got incredible personal details about their income, spending and attitudes. Among other things, she observes that some who still believe in the traditional American Dream ideology are buffered from the reality of current day economic trends due to either access to credit or financial support from parents and other relatives. That is, their lives were better than they otherwise would be, given the true economics of their lives, which allows them to continue their belief.
It is a very long paper (550 pages or so), but I am finding it very interesting. One of the most eye-opening parts to me was Chapter 7 (begins on page 250), which addresses what The Millionaire Next Door called "economic outpatient care". The sheer number of adults whose lives depend on the economic resources of parents and other older relatives was somewhat shocking.
This doctoral dissertation that I just came across https://deepblue.lib.umich.edu/bitstream/handle/2027.42/140842/jwieds_1.pdf?...1... approaches the issue from somewhat of a tangent. Specifically, she asks how people continue to believe in the "work hard/make smart choices" American Dream in the face of objective measures that show that may not be sufficient for them.
She studied people of different economic classes in two towns in the Rust Belt and got incredible personal details about their income, spending and attitudes. Among other things, she observes that some who still believe in the traditional American Dream ideology are buffered from the reality of current day economic trends due to either access to credit or financial support from parents and other relatives. That is, their lives were better than they otherwise would be, given the true economics of their lives, which allows them to continue their belief.
It is a very long paper (550 pages or so), but I am finding it very interesting. One of the most eye-opening parts to me was Chapter 7 (begins on page 250), which addresses what The Millionaire Next Door called "economic outpatient care". The sheer number of adults whose lives depend on the economic resources of parents and other older relatives was somewhat shocking.
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