Dream Hoarders: How the American Upper Middle Class Is Leaving Everyone Else in the Dust, Why That Is a Problem, and What to Do about It How the American Upper Middle Class Is Leaving Everyone Else in the Dust, Why That Is a Problem, and What to Do about It, Richard V. Reeves
  • List: $19.95  |  Sale: $13.97
    Club: $9.97
    • Facebook Share
    • Twitter Share
    • Pinterest Share

Details

Dream Hoarders: How the American Upper Middle Class Is Leaving Everyone Else in the Dust, Why That Is a Problem, and What to Do about It

Author: Richard V. Reeves

Narrator: Richard V. Reeves

Unabridged: 4 hr 40 min

Format: Digital Audiobook

Publisher: Blackstone Audiobooks

Published: 10/03/2017

Genre: Social Science - Social Classes

Synopsis

America is becoming a class-based society.It is now conventional to focus on the wealth of the top 1 percentespecially the top 0.01 percentand how the ultrarich are concentrating income and prosperity, while incomes for most other Americans are stagnant. But the most important, consequential, and widening gap in American society is between the upper-middle class and everyone else.Reeves defines the upper-middle class as those whose incomes are in the top 20 percent of American society. Income is not the only way to measure a society, but in a market economy it is crucial because access to money generally determines who gets the best-quality education, housing, health care, and other necessary goods and services.As Reeves shows, the growing separation between the upper-middle class and everyone else can be seen in family structure, neighborhoods, attitudes, and lifestyle. Those at the top of the income ladder are becoming more effective at passing on their status to their children, reducing overall social mobility. The result is not just an economic divide but a fracturing of American society along class lines. Upper-middle-class children become upper-middle-class adults.These trends matter because the separation and perpetuation of the upper-middle class corrode prospects for more progressive approaches to policy. Various forms of opportunity hoarding among the upper-middle class make it harder for others to rise to the top rung. Examples include zoning laws and schooling, occupational licensing, college application procedures, and the allocation of internships. Upper-middle-class opportunity hoarding, Reeves argues, results in a less competitive economy as well as a less open society.Inequality is inevitable and can even be good, within limits. But Reeves argues that society can take effective action to reduce opportunity hoarding and thus promote broader opportunity. This fascinating book shows how American society has become the very class-defined society that earlier Americans rebelled againstand what can be done to restore a more equitable society.

Recommended

Capital The Eruption of Delhi, Rana Dasgupta
Capital
by Rana Dasgupta

In Capital, Commonwealth Prize-winning author Rana Dasgupta examines one of the great trends of our time: the expansion of the global elite. Capital is an intimate portrait of the city of Delhi which bears witness to the extraordinary transmogrifica...

Narrator: Dana Hickox
Published: 07/01/2014

Alienated America Why Some Places Thrive While Others Collapse, Timothy P. Carney
Alienated America
by Timothy P. Carney

Respected conservative journalist and commentator Timothy P. Carney continues the conversation begun with Hillbilly Elegy and the classic Bowling Alone in this hard-hitting analysis that identifies the true factor behind the decline of the American...

Narrator: Charles Constant
Published: 02/19/2019

Hidden America From Coal Miners to Cowboys, an Extraordinary Exploration of the Unseen People W ho Make This Country Work, Jeanne Marie Laskas
Hidden America
by Jeanne Marie Laskas

Five hundred feet underground, Jeanne Marie Laskas asked a coal miner named Smitty, “Do you think it’s weird that people know so little about you?” He replied, “I don’t think people know too much about the way the whole...

Narrator: Jamie Heinlein
Published: 09/13/2012

Gun Guys A Road Trip, Dan Baum
Gun Guys
by Dan Baum

Here is armed America—a land of machine-gun gatherings in the desert, lederhosened German shooting societies, feral-hog hunts in Texas, and Hollywood gun armories. Whether they’re collecting antique weapons, practicing concealed carry, o...

Narrator: Richard Kind
Published: 03/05/2013

Into the Raging Sea Thirty-Three Mariners, One Megastorm, and the Sinking of the El Faro, Rachel Slade
Into the Raging Sea
by Rachel Slade

“A Perfect Storm for a new generation, Rachel Slade's Into the Raging Sea is a masterful page-turning account of the El Faro's sinking.”—Ben Mezrich, bestselling author of The Accidental Billionaires: The Found...

Narrator: Erin Bennett
Published: 05/01/2018

Moneyland The Inside Story of the Crooks and Kleptocrats Who Rule the World, Oliver Bullough
Moneyland
by Oliver Bullough

"If you want to know why international crooks and their eminently respectable financial advisors walk tall and only the little people pay taxes, this is the ideal book for you. Every politician and moneyman on the planet should read it, but they won...

Narrator: Oliver Bullough
Published: 05/07/2019

The Short and Tragic Life of Robert Peace A Brilliant Young Man Who Left Newark for the Ivy League, Jeff Hobbs
The Short and Tragic Life of Robert Peace
by Jeff Hobbs

A heartfelt, and riveting biography of the short life of a talented young African-American man who escapes the slums of Newark for Yale University only to succumb to the dangers of the streets—and of one’s own nature—when he return...

Narrator: George Newbern
Published: 09/23/2014

Nomadland Surviving America in the Twenty-First Century, Jessica Bruder
Nomadland
by Jessica Bruder

From the beet fields of North Dakota to the wilderness campgrounds of California to an Amazon warehouse in Texas, people who once might have kicked back to enjoy their sunset years are hard at work. Underwater on mortgages or finding that Social Sec...

Narrator: Karen White
Published: 09/26/2017

Nobody Casualties of Americas War on the Vulnerable, from Ferguson to Flint and Beyond, Marc Lamont Hill
Nobody
by Marc Lamont Hill

Protests in Ferguson, Missouri, and across the United States following the death of Michael Brown revealed something far deeper than a passionate display of age-old racial frustrations; they unveiled a public chasm that has been growing for years, a...

Narrator: Kevin Kenerly
Published: 05/02/2017
{"id":"1899560","ean":"9781538480922","abr":"Unabridged","title":"Dream Hoarders: How the American Upper Middle Class Is Leaving Everyone Else in the Dust, Why That Is a Problem, and What to Do about It","subtitle":"How the American Upper Middle Class Is Leaving Everyone Else in the Dust, Why That Is a Problem, and What to Do about It","author":"Richard V. Reeves","rating_average":"0","narrator":"Richard V. Reeves","ubr_id":"1899560","abr_id":"0","ubr_price":"19.95","abr_price":"0.00","ubr_memprice":"12.97","abr_memprice":"0.00","ubr_narrator":"Richard V. Reeves","abr_narrator":"","ubr_length":"Unabridged: 4 hr 40 min","abr_length":"Abridged: "}