We've all heard that the American Dream is vanishing, and that the cause is rising income inequality. The rich are getting richer by rigging the system in their favor, leaving the rest of us to struggle just to keep our heads above water. To save the American Dream, we're told that we need to fight inequality through tax hikes, wealth redistribution schemes, and a far higher minimum wage.
But what if that narrative is wrong? What if the real threat to the American Dream isn't rising income inequality - but an all-out war on success?
In this timely and thought-provoking work, Don Watkins and Yaron Brook reveal that almost everything we've been taught about inequality is wrong. You'll discover:
Why successful CEOs make so much money - and deserve to
How the minimum wage hurts the very people it claims to help
Why middle-class stagnation is a myth
How the little-known history of Sweden reveals the dangers of forced equality
The disturbing philosophy behind Obama's economic agenda.
The critics of inequality are right about one thing: The American Dream is under attack. But instead of fighting to make America a place where anyone can achieve success, they are fighting to tear down those who already have. The real key to making America a freer, fairer, more prosperous nation is to protect and celebrate the pursuit of success - not pull down the high fliers in the name of equality.
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Such an important book
The narration is excellent.
This is an important book and demonstrated unequivocally that the pursuit of equality damages the poor as much as the wealthy.
If you've read the Spirit Level you really should read this.
- I nearly did
Really well done book!
- Amazon Customer