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The American Dream

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by

Alicia Tiu

on 24 February 2014

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Transcript of The American Dream

What happened economically in the US in 1949?
The Great Recession.
The Recession of 1949 was a downturn in the United States lasting for 11 months.
In October 1949, the unemployment rate reached its peak for the cycle of 7.9 percent.
Today it implies an opportunity to
achieve prosperity through hard work
.

According to The Dream, it is the opportunity to make choices without the restrictions that limited people according to their class, caste, religion, race, or ethnicity.
What happened socially in 1949?
The Cold War.
It was a sustained state of political and military tension between powers in the Western Bloc and powers in the Eastern Bloc.
It was "cold" because there were no fighting directly between the two sides.
At that time, America's standing in the world was number 1 for eight months.
The American Dream
What are the differences between the materialistic and idealistic clues associated with the American Dream?
Idealism
:
Belief that reality is contained in our minds. For Example, It can suggest the priority of ideals, principles, values, and goals over material objects.
Materialism
:
Belief that all thought and actions are solely caused by objects. For example: we can only be happy if we have a lot of money.
The main difference between the materialistic and idealistic values associated with the American Dream is that materialistic values are limited while idealistic values are not. Materialism is limited in a way that you can't be content living your life materialistic ally, while idealism's horizons aren't limited.

Another difference is that when dealing with materialistic values that are wrong motivations like sabotage unlike when dealing with idealistic values.
The materialism belief is more short-sighted-if one abandons his moral and ethics, it would be meaningless even if he earns great riches. Besides, It is not guaranteed that the people who believe in materialism will be able to earn riches.

However, we can also argue that idealism may not get us anywhere. If we only focus on setting our goals instead of achieving them, we wouldn't achieve anything because we cannot earn a living just based on day dreaming.
Full transcript