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
in:
Sociology
Summary:
The book argues that the top 20% of Americans—those often considered the upper middle class—are consolidating wealth and opportunities, exacerbating inequality and hindering social mobility. It suggests policy changes to address these issues, such as reforming zoning laws, fixing the education system, and altering tax policies to create a more equitable society.
Key points:
1. Opportunity Hoarding: The top 20% of earners in the U.S. use their connections to keep their kids ahead, like getting them internships, using legacy college admissions, and supporting zoning laws that keep their neighborhoods exclusive.
