Skip to main content

Inequality and the American Dream | Economist.com

The United States Inequality and the American Dream Economist.com For a modest little British "newspaper" as they love to call themselves, The Economist has uncanny insight into the American psyche. They've hit the nail squarely on the head once again with their June 17th focus on "Inequality and the American Dream." As though The Economist was really the World's conscience [as perhaps it is] they set out three conditions that must be met in order for inequality to not be inherently wrong as many on the left have argued:
"...first, society as a whole is getting richer; second, there is a safety net for the very poor; and third, everybody, regardless of class, race, creed or sex, has an opportunity to climb up through the system."

To me they have omitted the most important condition that makes America unique. That is, the strong sense of right and wrong derived from our Judeo-Christian heritage, and the moral principles which guided the formation of this country. It is this set of underlying moral principles and not some vague idealism that I believe is the real American "genius for translating...talk of the American Dream into practical policies."

Comments

Popular posts from this blog

50th Anniversary

This past May my wife and I celebrated our 50th Wedding Anniversary. The time has passed quickly but it certainly doesn't seem like 50 years. Like most, we've had our ups and downs in fifty years, but on the whole have been blessed with good health, three fine sons and nine grandchildren. Looking forward to the next chapter.

Review: The Prophet

The Prophet by Kahlil Gibran My rating: 5 of 5 stars View all my reviews