Paper Summary:

This paper discusses the concept of the American Dream. It describes the revelations of political liberation, ownership of home, the amassing of wealth and the independence from poverty that are included in the dream. The paper also describes how, during the 21st century, the mass media in American has tapped into this concept of the American Dream and, consequently, changed some of the focus of the concept.

From the Paper:

"Today, we come across disparity of incomes, which was not witnessed since the 1930s. Moreover the matter is not just an issue of social justice or distribution of rewards on the same footing. It is an issue of operational disparity and creative misuse. Plus there is hardly any indication that any political party realizes this genuine cause of this disparity. (Florida, 22) The rich-poor divide is constantly becoming wider day by day. In this process, the potential to surmount that divide gets far away. The disparities have become worse in various areas. This has been a society which is sharply dividing from the midpoint and it has occurred against the perspective of economic development. Presently, over 37 million Americans are living in poverty, and the figure is 12.7 percent of the population, that is the highest percentage among the developed countries. (Margarete, 11)"

Sample of Sources Used:

• A Knock at Midnight: Inspiration from the Great Sermons of Reverend Martin Luther King, Jr. Retrieved from http://www.stanford.edu/group/King/publications/sermons/650704_The_American_Dream.html Accessed 6 November, 2006
• Calder, Lendol. Financing the American Dream: A cultural history of consumer credit. Princeton University Press, 1999.
• Cullen, Jim. The American Dream: A short history of an idea that shaped a nation. Oxford University Press. 2003.
• Danaher, Kevin. Globalization and the Downsizing of the American Dream. Retrieved from http://www.globalexchange.org/campaigns/econ101/americanDream.html Accessed 7 November, 2006
• Florida, Richard. The New American Dream. Washington Monthly. March, 2003. p. 21-23

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