June 1st, 2017 By: Nora Rawlinson
Order Alert: DREAM HOARDERS
An interview on NPR’s Morning Edition has sent Richard Reeves’s forthcoming book, 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 (Brookings Institution Press, June 13), soaring on Amazon. It is now ranked #27, up from a lowly #53,949.
The episode is part of the show’s “The History of Our Time” series. Steve Inskeep describes the series as investigating, the big trends “driving our history.” He interviews Reeves who says that the upper-middle class, those making six figure incomes and above, dominate the best schools, live in the best homes, and pass on the best futures to their children, at the cost of everyone else.
He calls this “opportunity hoarding.”
Reeves, now an American citizen but originally from the U.K., contends that the American class system is even worse than the system of royalty that rules his birth country. In the UK, they make no bones about the privileges of the aristocracy while in the US, we “have a class system that operates every bit as ruthlessly as the British class system but under the veneer of classless meritocracy. There isn’t even a self awareness.”
In the end, Reeves says, the upper-middle class have created a dangerous separation of themselves from the rest of society and that divide is ruinous, “They are also disproportionately powerful and the fact that they are not only separate but unaware of the degree to which the system works in their favor strikes me as one of the most dangerous political facts of our time.”
The book was not reviewed prepub and many libraries have not yet to ordered copies.