The American Dream vs. The Gospel of Wealth
eBook - PDF

The American Dream vs. The Gospel of Wealth

The Fight for a Productive Middle-Class Economy

  1. 179 pages
  2. English
  3. PDF
  4. Available on iOS & Android
eBook - PDF

The American Dream vs. The Gospel of Wealth

The Fight for a Productive Middle-Class Economy

Frequently asked questions

Yes, you can cancel anytime from the Subscription tab in your account settings on the Perlego website. Your subscription will stay active until the end of your current billing period. Learn how to cancel your subscription.
At the moment all of our mobile-responsive ePub books are available to download via the app. Most of our PDFs are also available to download and we're working on making the final remaining ones downloadable now. Learn more here.
Perlego offers two plans: Essential and Complete
  • Essential is ideal for learners and professionals who enjoy exploring a wide range of subjects. Access the Essential Library with 800,000+ trusted titles and best-sellers across business, personal growth, and the humanities. Includes unlimited reading time and Standard Read Aloud voice.
  • Complete: Perfect for advanced learners and researchers needing full, unrestricted access. Unlock 1.4M+ books across hundreds of subjects, including academic and specialized titles. The Complete Plan also includes advanced features like Premium Read Aloud and Research Assistant.
Both plans are available with monthly, semester, or annual billing cycles.
We are an online textbook subscription service, where you can get access to an entire online library for less than the price of a single book per month. With over 1 million books across 1000+ topics, we’ve got you covered! Learn more here.
Look out for the read-aloud symbol on your next book to see if you can listen to it. The read-aloud tool reads text aloud for you, highlighting the text as it is being read. You can pause it, speed it up and slow it down. Learn more here.
Yes! You can use the Perlego app on both iOS or Android devices to read anytime, anywhere — even offline. Perfect for commutes or when you’re on the go.
Please note we cannot support devices running on iOS 13 and Android 7 or earlier. Learn more about using the app.
Yes, you can access The American Dream vs. The Gospel of Wealth by Norton Garfinkle in PDF and/or ePUB format, as well as other popular books in Politics & International Relations & Politics. We have over one million books available in our catalogue for you to explore.
Chapter 
I
The 
American 
Economic 
Vision
s
there 
an 
American 
economic 
vision? 
Is 
there 
some 
guid-
ing 
principle 
of
economics 
implicit 
in 
our 
Declaration 
of
Independence,
our 
Constitution,
and 
our 
form 
of
govern-
ment? 
There 
is—though 
at 
first 
glance 
this 
principle 
might
appear 
to 
have 
little 
to 
do 
with 
the 
modern 
debates 
over 
fiscal
and 
monetary 
policy,
the 
size 
of
government,
or 
the 
degree 
of
government 
regulation 
of
economic 
life.
But 
underlying 
these
modern 
debates 
is 
an 
economic 
vision 
familiar 
to 
virtually 
all
Americans:
the 
American 
Dream—the 
dream 
that 
all 
Ameri-
cans 
will 
have 
the 
opportunity 
through 
hard 
work 
to 
build 
a
comfortable 
middle-class 
life.
To 
large 
degree,
the 
history 
of
American 
economic 
pol-
icy 
making 
is 
the 
story 
of
the 
waxing 
and 
waning 
of
this
middle-class 
ideal.
When 
Alexis 
de 
Tocqueville 
visited 
Amer-
ica 
in 
the 

s,
he 
was 
struck 
by 
the 
middle-class 
character 
of
the 
country 
and 
the 
conspicuous 
absence 
of
very 
rich 
people.
In 
Tocqueville’s 
eyes,
inured 
as 
he 
was 
to 
the 
sharp 
divisions
between 
wealth 
and 
poverty 
in 
monarchical 
France,
Ameri-
cans 
seemed 
to 
be 
remarkably 
equal 
economically.
Some 
were

Table of contents

  1. Contents
  2. Preface
  3. Introduction
  4. Chapter I. The American Economic Vision
  5. Chapter II. Lincoln’s Economics: The Origins of the American Dream
  6. Chapter III. The Gospel of Wealth
  7. Chapter IV. The Age of Reform
  8. Chapter V. The Business of America Is Business
  9. Chapter VI. The Renewal of the American Dream
  10. Chapter VII. The New Gospel of Wealth
  11. Chapter VIII. The Current Debate: Supply-Side vs. Demand-Side Economics
  12. Chapter IX. The Way Forward
  13. Appendix. GDP, Consumption, Investment, Employment, Unemployment, and Marginal Tax Rates 1951‒2004
  14. Notes
  15. Index