Is the American Dream dead? Is economic mobility a myth? The foundational promise of America is that anyone, if they work hard and play by the rules, can enjoy a secure, middle-class life. Christian Cooper and Khiara Bridges join us to discuss the prevailing narrative that we each control our own economic destiny.
Christian Cooper: Derivatives trader and author. Frequent commentator in the Wall Street Journal, Reuters, Financial Times, and Bloomberg News. Director of Banking for a New Beginning, a public/private partnership between The Aspen Institute and the US Department of State. Member of the roundtables at the Washington-based think tank Center for Strategic and International Studies.
Khiara Bridges: Associate Dean for Equity, Justice, and Engagement at the Boston University School of Law, specializing in the intersectionality of race, reproductive justice, and law. Professor of Law and Professor of Anthropology at Boston University. Author of The Poverty of Privacy Rights and Reproducing Race: An Ethnography of Pregnancy as a Site of Racialization.
Why Poverty Is Like a Disease: http://nautil.us/issue/47/consciousness/why-poverty-is-like-a-disease
Excavating Race-Based Disadvantage Among Class-Privileged People of Color: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3143892
Income Mobility Charts: https://www.nytimes.com/interactive/2018/03/27/upshot/make-your-own-mobility-animation.html
Divided We Fall: https://newrepublic.com/article/141644/divided-fall-trump-symptom-constitutional-crisis-inequality
Raj Chetty in 14 charts: Big findings on opportunity and mobility we should all know: https://www.brookings.edu/blog/social-mobility-memos/2018/01/11/raj-chetty-in-14-charts-big-findings-on-opportunity-and-mobility-we-should-know/
This post was originally published on Pitchfork Economics with Nick Hanauer.