Jacobin
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What Happened to the American Dream? with Matt Karp
Posted
February 4, 2025
Views
14,919
Likes
775
Comments
112
Engagement
5.95%
February 4, 2025
14,919
775
112
5.95%
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6:35Now PlayingBelief in the American dream has collapsed. In a recent poll, only 27% of respondents said they felt that if you work hard, you’ll get ahead. Just 15 years ago, twice as many did. What has happened in the meantime?
When we look closer, these numbers correlate to income and education — both proxies for social class. In other words, our national crisis of confidence is mostly a working-class problem.
Matt Karp, Princeton University associate professor of history, explains what has caused this collapse in belief in the American dream and what kind of politics is required to restore it.
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