
David Leonhardt
A definitive history of the rise and fall of the American Dream, and a blueprint for its renewal.
The phrase 'American Dream' was first popularized during the Great Depression by historian James Truslow Adams.
Section 1
7 Sections
Let’s begin our journey with a gentle sunrise, as families gather on the threshold of a new world. Imagine generations—grandparents, parents, children—sitting together, their faces aglow with the golden promise of a new day. In their hands are old photographs and letters, tokens of hope and hardship, each one a thread in the vast tapestry of the American Dream.
In these family stories, we see the arc of a nation. Take, for example, a young immigrant arriving with nothing but a suitcase and a heart full of hope. He faces suspicion, hardship, and sometimes tragedy, but he also finds allies—a job, a friend, a chance. His children, standing on his shoulders, dare to dream bigger: the first college graduate, the first homeowner, the first to start a business. Each step forward is a victory not just for the family, but for the idea of America itself.
But the Dream is not static. It evolves, shaped by the crises and triumphs of each era. During the Great Depression, when jobs vanished and hope seemed scarce, the Dream became a lifeline—a reason to believe that tomorrow could be better. It was during this time that the phrase 'American Dream' took root, offering comfort and resolve to millions. And as the decades passed, the Dream grew to encompass not just material gain, but the pursuit of happiness, equality, and belonging.
What’s truly remarkable is how this Dream has echoed far beyond America’s shores. Leaders in other nations, inspired by its promise, have crafted their own visions of collective prosperity. Yet, at its heart, the Dream remains deeply personal—a story told around kitchen tables, whispered at bedtime, or celebrated at graduations. It is a story of gratitude, resilience, and the belief that no matter how dark the night, a shining future awaits.
As we set out on this audiobook journey, let us carry with us the warmth of these stories, knowing that the Dream is as much about where we come from as where we are going. In the next section, we’ll explore how this Dream was built—not just by individuals, but by the collective power of workers and communities determined to reshape their destiny.
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