Key Findings
Money: The (Death of the) American Dream
The country's singular focus on fortune regatively impacts the physical, psychological, and emotional well-being of its citizens.
While people are often said to have money, many Americans today are money, and they thoughtlessly use others to make money. In this land where all people are supposedly created equal, gross inequality persists with great prosperity for some still meaning limited opportunity for many. The lines between people and profit remain distressingly blurred, with people restrictively defined by the riches they have or the debt that they owe.
In modern-day America, the apotheosis of financial capital has conflated the pursuits of happiness and money and limited the American Dream to fiscal achievement. The unharnessed power of money has resulted in societal and personal imbalances that are severe, destructive, and unsustainable-harmful to relationships, the environment, and physical and mental health.
Uprooted by the pandemic with systemic cracks widely exposed, America is at a critical inflection moment. The country has been in this position numerous times before, but previous solutions and regulatory measures have been ineffective, temporary, or outrightly marginalized-mere patches to shoddily cover severely broken foundations.
Rather than continue to build on what has intermittently, but repeatedly, failed, the country should take this opportunity to reevaluate and restructure its economic model. Given the fundamental and seismic changes needing to be made, the effort should have a powerful financial institution with ample resources and great influence, like Goldman Sachs, at its helm.