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Declining Fortunes: The Withering Of The American Dream
American society has reneged on its promise to the baby-boom generation. Young people for the first time find themselves unable to duplicate, let alone surpass, their own parents’ standard of living. Declining Fortunes sheds new light on a driving issue of our day: downward mobility and the politics of resentment.
Paperback, 288 pages
Published May 12th 1994 by Basic Books
(first published May 1993)
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Katherine Newman is Professor of Sociology and James Knapp Dean of the Krieger School of Arts and Sciences at Johns Hopkins University. Author of several books on middle class economic instability, urban poverty, and the sociology of inequality, she previously taught at the University of California (Berkeley), Columbia, Harvard, and Princeton.More about Katherine S. Newman...