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RE: Is the American Dream Dying?
I think it seems it is over for everyone in the Western world but I also think it is the natural cycle of things.
It is depressing but there is always the possibility of something better emerging from the crisis.
I don't think the basic aspirations and ideals of the "american" dream will ever die - I think they are fundamental to human nature.
I agree, the ideals of the "American Dream" will never die; people will always naturally want to better their situations, as well as see their kids do even better.
If political economy is included in the "natural cycle of things," then, sure, this is probably just part of the lifecycle of civilizations. However, sclerotic growth need not happen...it's possible to relax economic micromanagement and accelerate innovation, productivity, and all that good stuff that makes us wealthier...
That may happen too. I think with crisis and decline there is always the possibility for a new way to take hold.
Absolutely, which is why it's so important to frame the debate productively pre-crisis to ensure our lives aren't simply hijacked by opportunistic politicians promising their usual snake oil that'll just make things worse.
Yes:)