As a kid, one of my favorite authors was Charles Dickens. In his 1859 novel, A Tale of Two Cities, he “depicts the plight of the French peasantry demoralized by the French aristocracy in the years leading up to the revolution.” Hmm, peasantry demoralized by the aristocracy…that reminds me of something…wait, I’ll think of it. Maybe, it is the fact that the 62 richest people in the world now own more than the poorest half? In fact, their wealth has increased 44% since 2010 while the bottom half’s has dropped by 41%. And in the U.S., the wealth inequity is now worse than at any time since the Great Depression. The Walton family alone owns more wealth than 42% of American families combined and CEO-to-worker pay-ratio is 354-to-1. Americans haven’t taken to the streets with pitchforks (the “Occupy” movement aside) to demand “off with their heads” yet because for the most part, they still believe in the American Dream. That is if one works hard enough, they can move up the economic ladder. The truth is more like comedian George Carlin joked: “the reason they call it the American Dream is because you have to be asleep to believe it.”
Although reference to the concept of the American Dream was made as early as the 1600s by those who came to America from England for the chance of a better life, it was most likely “codified” in the Declaration of Independence, which proclaims that “all men are created equal” with the right to “Life, Liberty and the pursuit of Happiness.” Part of this right and critical to achieving the dream are the opportunities to receive a good education and work that provides at least a living wage. But, the game is now stacked. Stacked in favor of the wealthy, stacked in favor of corporations, stacked against the middle class who is increasingly squeezed, and stacked against children who don’t come from a family of means.