In stark contrast to the decades of the Great Convergence, when average Americans garnered a growing share of a growing pie, during the decades of the Great Divergence, the growth of the pie has been monopolized by a smaller and smaller group at the top. The resulting change is huge. If today’s income were distributed […]
The growing economic inequity is linked with growing inequality in other spheres Read More »
Perhaps the single most important lesson we can hope to gain from this analysis is that in the past America has experienced a storm of unbridled individualism in our culture, our communities, our politics, and our economics, and it produced then, as it has today, a national situation that few Americans found appealing. But we
We successfully weathered that storm once, and we can do it again Read More »
During these decades Americans became – perhaps more than ever before – focused on what we could accomplish together. And this sense of shared responsibility and collective progress was not simply some victory lap after overcoming the Great Depression and defeating the Axis powers, as many have suggested. As this chart makes clear, and as
A more “we” society Read More »
The United States in the 1870s, 1880s, and 1890s was startlingly similar to today. Inequality, political polarization, social dislocation, and cultural narcissism prevailed – all accompanied, as they are now, by unprecedented technological advances, prosperity, and material well-being. The parallels are indeed so striking that the foregoing description could have been written virtually word-for-word about
A troubling similarity Read More »
Some Americans have reacted to these many forms of dislocation by turning on their perceived adversaries in an increasingly cutthroat social and economic contest. Racism and gender discrimination persist and are even intensified. Indeed, the progress toward racial equality achieved in an earlier era has in many ways reversed. White supremacist violence is on the
An increasingly cutthroat social and economic contest Read More »
Indeed, many of the corporate titans who dominate the American imagination live by an ideology of individualism that barely masks selfishness and an air of superiority. A philosophy of supreme self-reliance is common, and the pursuit of unfettered self-interest is considered a laudable ethic to live by. The idea that one must do what is
A drift toward self-centeredness Read More »
But the departure from our past is visible not only in rising inequality and resultant pessimism – it is also apparent in the institutions that increasingly define our nation. Corporate conglomerates are replacing local and craft economies in almost every sector, including agriculture. America’s rugged individuals struggle against the loss of identity, autonomy, and mastery
Corporations’ outsized power Read More »
Were Alexis de Tocqueville to travel to America once again – further on in our national story – what might he find? Would America fulfill its promise of balancing individual liberty with the common good? Would equality of opportunity be realized, and indeed produce prosperity for all? And would shared cultural values, respect for democratic
Prosperity at a cost Read More »
