HREQ 3125 Lecture Notes - Lecture 10: Alan Greenspan, Forbes 400, Forbes

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The belief that america holds out a unique promise of upward mobility to those who will dare to grasp it maintains a powerful hold on the imagination, not only of. Americans, but through television and hollywood movies, on the world. In our era, we can call it the myth of donald trump, who symbolises the guy who makes it, loses it, gets it back, and flaunts it, flanked by a carousel of beautiful blondes. In the past, it was called the horatio alger myth. England writer who wrote dozens of inspirational stories about poor boys making good by working hard, scrimping and saving, and sometimes marrying the boss"s daughter. Only in america, the moral was relentlessly repeated, could poor boys aspire to anything and everything. Everyone knows the names of men who"ve made fortunes on their own-- John d. rockefeller and andrew carnegie in the day of the 19th century robber barons, Bill gates in the age of cyber capitalism.

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