The American Dream

Friday

Josie Cox

The meaning of the lemonade stand

From our US edition

It’s a big week in my household. My London-born, New York City-raised eight-year-old is taking an initial tentative step into the glorious, promise-filled world of American capitalism: she’s setting up her first lemonade stand. If you’re not American, or you haven’t spent much time here, you may be wondering why I’m announcing this with the fanfare of an Ivy League acceptance letter. And sure, perhaps it’s evidence that I’m slowly morphing into the Type A Manhattan parent I so like to mock. But also: the lemonade stand occupies a somewhat mythical space in American culture. As well as a way for children to earn a few dollars during the summer holidays, it’s a rite of passage.

Friday

Toby Young

The American dream is dying. Good

The American dream is dying, according to the Times of London. To mark the US’s 250th anniversary, the paper commissioned YouGov to explore whether the country’s citizens still believe that if you “work hard and play by the rules” you will eventually be successful. Turns out, only 38 percent of the respondents think this applies to all Americans, while 59 percent think the American dream is now less attainable than it was when they were growing up. In addition, 38 percent rated today’s quality of life as “excellent” or “good,” compared with 60 percent who said the same about 1976, the bicentennial year.

dream

Tuesday

Alex Peake-Tomkinson

An insight into the American Dream: Table for Two, by Amor Towles, reviewed

Amor Towles was a Wall Street banker before he published his first novel, Rules of Civility, in 2011, at the age of 46. Since then, his books have sold six million copies, and the second, A Gentleman in Moscow (2016), has been made into a Paramount + series starring Ewan McGregor. Towles’s success in banking and publishing has perhaps given him a particular insight into the American Dream. The six stories and one novella that make up his stylish and confident new collection, Table for Two, all feature characters in pursuit of an ambition that puts them in varying degrees of peril – protagonists tasked with missions of differing seriousness.