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Cato Podcast

Who Buys (and Who Achieves) the American Dream?

Cato Podcast

Cato Institute

Immigration, News, News Commentary, Peace, 424708, Markets, Government, Libertarian, Policy, Politics, Cato, Defense

4.5979 Ratings

🗓️ 3 December 2021

⏱️ 13 minutes

🧾️ Download transcript

Summary

Optimism about achieving the American Dream is on the wane, or so we are told. Gonzalo Schwarz of the Archbridge Institute says that's not quite right.

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Transcript

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0:00.0

I'm Caleb Brown, host of the Cato Daily Podcast.

0:03.0

It is December and I am once again here to ask you to support this podcast and the broad mission

0:07.8

of the Cato Institute by becoming a podcast sponsor.

0:11.1

If you support Cato to the tune of $1 thousand dollars or more, I'll gladly give you a

0:15.1

shout out on the podcast. The only way to do it is to visit Cato.org

0:18.8

slash podcast sponsor to make your donation. Cato accepts no government money.

0:24.3

We depend on the generosity of our sponsors to help us advance the values of

0:28.4

individual liberty, limited government, free markets, and peace.

0:32.1

Visit Cato.org

0:34.0

slash podcast sponsor and support the Cato Daily Podcast

0:37.6

and the Cato Institute.

0:38.8

This is the Cato Daily Podcast for Friday, December 3rd, 2021. I'm Caleb Brown. The Good Life,

0:47.5

The American Dream. Is it still possible? And who still believes in it? Gonzalo Schwartz of the Archbridge Institute studies how Americans view the American dream

0:56.2

and how achievable it is.

0:58.0

We spoke last month.

0:59.7

Just so we get our terms straight here.

1:02.2

In your view, in the simplest explanation, you can give it what

1:06.0

is this idea that we call the American Dream.

1:10.5

The American Dream is the promise I think of a land where people seek to live better, richer, and fuller lives

1:19.7

regardless of what that means to them, but that they are, it's an aspirational, hopeful, optimistic

1:26.5

idea in which people try to pursue their dreams as much as they can.

1:30.6

It's not an assurance that everyone will achieve it.

...

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