Requiem for the American Dream: The 10 Principles of Concentration of Wealth and Power

Since Thomas Piketty’s Capital in the 21st Century, income inequality has not been novel material for a book. Nevertheless, the latest book from famed activist and linguist Chomsky (Who Rules the World?) seems fresher than almost any title on the subject in recent memory. The book, based on the documentary of the same name, is a compilation of interviews that the film’s directors conducted with Chomsky from 2011 to 2016. Chomsky observes the present-day United States with such lucid clarity that readers may feel they are viewing familiar terrain for the first time. He offers a “10 Principle” formula for how plutocratic interests operate (Principle No. 7 is “Engineer Elections”; Principle No. 3 is “Redesign the Economy”). Chomsky observes that much of what made the 1950s and ’60s the “Golden Age” of the U.S. economy was that, at the time, what was good for General Motors really was good for America: “When the U.S. was primarily a manufacturing center, it had to be concerned with its own consumers.” Chomsky also touches, fascinatingly, on subjects as diverse as “the psychology of nagging” (as employed by the advertising industry) and the disappearing sense of solidarity in our civic life. Chomsky and his collaborators have created a perceptive and revelatory examination of the forces driving America inequality. [em](Apr.) [/em]