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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

Author: Richard V Reeves
Publisher: Washington, D.C. : Brookings Institution Press, 2018. ©2018
Edition/Format:   Print book : English : Paperback editionView all editions and formats
Summary:
"In America, everyone knows that the top 1 percent are the villains. The rest of us, the 99 percent?we are the good guys. Not so, argues Reeves. The real class divide is not between the upper class and the upper middle class: it is between the upper middle class and everyone else. The separation of the upper middle class from everyone else is both economic and social, and the practice of "opportunity  Read more...
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Document Type: Book
All Authors / Contributors: Richard V Reeves
ISBN: 9780815734482 0815734484 9780815729129 081572912X
OCLC Number: 1024154055
Awards: An Economist Best Book of the Year.
Description: 198 pages : illustrations ; 23 cm
Contents: Hoarding the dream, still --
A class apart --
Growing gains --
Inheriting class --
Market merit --
Opportunity hoarding --
Sharing the dream --
Check our privilege.
Responsibility: Richard V. Reeves.

Abstract:

The most important, consequential, and widening gap in American society is between the upper middle class and everyone else. Reeves defines the upper middle class as those whose incomes are in the  Read more...

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Reading Richard Reeves on social mobility is like going for a good walk: he is bracing, head clearing, and ultimately inspiring. With rigor and wit, his new book shows how millions of successful, Read more...

 
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    schema:description ""In America, everyone knows that the top 1 percent are the villains. The rest of us, the 99 percent?we are the good guys. Not so, argues Reeves. The real class divide is not between the upper class and the upper middle class: it is between the upper middle class and everyone else. The separation of the upper middle class from everyone else is both economic and social, and the practice of "opportunity hoarding"?gaining exclusive access to scarce resources?is especially prevalent among parents who want to perpetuate privilege to the benefit of their children. While many families believe this is just good parenting, it is actually hurting others by reducing their chances of securing these opportunities. There is a glass floor created for each affluent child helped by his or her wealthy, stable family. That glass floor is a glass ceiling for another child. Throughout Dream Hoarders, Reeves explores the creation and perpetuation of opportunity hoarding, and what should be done to stop it, including controversial solutions such as ending legacy admissions to school. He offers specific steps toward reducing inequality and asks the upper middle class to pay for it. Convinced of their merit, members of the upper middle class believes they are entitled to those tax breaks and hoarded opportunities. After all, they aren?t the 1 percent. The national obsession with the super rich allows the upper middle class to convince themselves that they are just like the rest of America. In Dream Hoarders, Reeves argues that in many ways, they are worse, and that changes in policy and social conscience are the only way to fix the broken system"--Publisher's description."@en ;
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