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Many across the political spectrum assert that the American Dream is endangered. No American politician would dare to question that the American Dream must be preserved. But what exactly is the American Dream?

In his 1931 book The Epic of America, the historian James Truslow Adams popularized the term, defining the American Dream as “that dream of a land in which life should be better and richer and fuller for everyone, with opportunity for each according to ability or achievement.” In the two clauses of his sentence, Adams combines two different, and not necessarily compatible definitions of the American Dream. More… “Which American Dream?”

Michael Lind is a contributing writer of The Smart Set, a fellow at New America in Washington, D.C., and author of Land of Promise: An Economic History of the United States.
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