Endangered American Dream

In this "timely antidote to the parade of reassurance churned out in Washington's rent-a-scholar centers" (Kevin Philips, The Washington Post), Edward N. Luttwak reveals that the American Dream has become a fantasy and supplies powerful remedies to reverse our nation's slide into Third-World status.

Instead of rising prosperity for the middle class, the United States is undergoing an alarming transformation: Declining earnings for most Americans, the spectacular enrichment of a few, and the increasingly violent desperation of the uneducated poor are driving us toward classic Third-World conditions. Having opened our mark and borders to the world, we are competing against both poor countries and rich industrial rivals by cutting wages and eliminating highly paid jobs. This, Luttwak explains, is the true meaning of "globalization": the pursuit of economic efficiency at the expense of our already fractured society.