Radiozine on 04/05/13
Host Michelle Schroeder Fletcher speaks with Sam Pizzigati about his book The Rich Don't Always Win: The Forgotten Triumph over Plutocracy that Created the American Middle Class, 1900–1970.
Polls now show that two-thirds of Americans believe that the nation's enormous wealth ought to be "distributed more evenly." But almost as many Americans—well over half—feel that protests against inequality will ultimately have "little impact." The rich, millions of us believe, always get their way.
Except they don't.
A century ago, the United States hosted a super-rich even more domineering than ours today. Yet fifty years later, that super-rich had almost entirely disappeared. Their majestic mansions and estates had become museums and college campuses, and America had become a vibrant, mass middle class nation, the first and finest the world had ever seen.
Americans today ought to be taking no small inspiration from this stunning change. After all, if our forbears successfully beat back grand fortune, why can't we? But this transformation is inspiring virtually no one. Why? Because the story behind it has remained almost totally unknown, until now.