According to Krugman, today's income disparity mirrors the Gilded Age when reaching the American Dream was only a dream. Invoking Horatio Algier, synomymous for the self-made man, Krugman's argument accounts for the end of class mobility, and thus, the American Dream. What does he argue has caused class immobility and the disappearance of the American Dream? Do you agree with his assessment? Why/why not? Write a 5-7 sentence paragraph in response, and be sure to follow the outline on integrating sources in your paper, including page numbers. Remember to include your full name and the section of English you are enrolled in. Proofread your post for slippages of text language and/or spelling mistakes.
7 Comments
Luis Arvayo (1000.10)
12/3/2012 06:40:55 am
In the book American dream there is an article titiled "The Death of Horatio Alger" by Paul Krugman, where he argues that the middle or 9o% of the working class is earnings have decined in recent years, but the 1% has risen more that100%. This is due to the gab of the Great Compression that shows how higher and middle class differin earnings. I agree with his arguement that the wealthy try to keep their money safe and sound while the masses have to struggle with with the taxes, (223)
Reply
Camisha Carr 1000.10
12/3/2012 06:40:55 am
When discussing the issue of class mobility and the American dream, Paul Krugman analyzes his reason for the absence of the issues in "The Death of Horatio Alger." Krugman believes money has blinded and formed a barrier around the American Dream. With wealth and poverty shifting so frequently, Krugman argues that the American Dream is unreachable. Money is a big controversy in America today and I believe it does hault Americans capability to fulfill the American Dream because their main focus is money.
Reply
Rosemary Barajas (1000.10)
12/3/2012 06:42:30 am
Paul Krugman in “The Death of Horatio Alger” argues that money has caused class immobility and the disappearance of the American dream. He also talks about how the poor has become poorer and the rich have become richer. He thinks that the American dream was nothing but a dream. Yes I agree with his assessment because that all most people are worried about is how much money they can have.
Reply
Saul Rivera
12/3/2012 06:44:06 am
In "Death of Horatio Alger", Paul Krugman argues that America is a country were anybody could climb the latter and move on. This is called Gilded Age. He argues about the Great Compression which is "a drastic narrowing of income gaps, probably as a result of New Deal policies" (224). I agree with him when achieving the American Dream is just a dream because the wealthy would keep getting money and that will hurt the rest of the Americans which is 99% that are on the middle class.
Reply
Wyttnie Campbell (1000.10)
12/3/2012 06:44:12 am
Paul Krugman in “The Death of Horatio Alger” argues that there is too much of a gap between the wealth and the middle class income. The rich want to get richer but while keeping their money they are making the poor poorer. He is meaning that the wealthy are trying to make it where they keep their money and the poor have to pay more in taxes. I agree yes that the rich want to keep their money so they will do anything to make it where they do not pay as much for taxes.
Reply
Jose Zavala (1000.10)
12/3/2012 06:48:05 am
In American Dreams, Paul Krugman in “The Death of Horatio Alger” argue about how the class mobility and American Dream is not the same as before. Krugsan discusses how American Dream is not no more living in freedom, liberty, and the pursuit of happiness and just caring about money. This is true that the American Dream is changing in this world. Everyone is the world is just want to have money in their hands because they see famous people and think that they are living the American Dream. So yes the American dream has change in this society.
Reply
Vanessa Trujillo
12/3/2012 06:50:41 am
In " The Death of Horatio Alger" Paul Krugman argues "That the time for true class mobility has passed, and that the "bootstraps" ideology no longer holds" (224). I would have to agree with him and his theory. Before people would have to work hard for what they had and work even harder to keep it. Now a days people get things passed down to them. Handed to them by the fammily member who worked so hard before them to get what they have. Not many American snow know the defination of working hard for what they have and its mostly because they didnt have to work hard.
Reply
Leave a Reply. |
J. Grimes's English 1000Post here if you are enrolled in English 1000.10. Chat with me face-to-face in my office in G-3; call me at 661. 763. 7721, or send me an e-mail at [email protected]. Archives
December 2012
Categories |