Episode 8.3: The Perils of the American Dream: A Discussion with Alissa Quart of the Economic Hardship Reporting Project

Interviewer: MATTHEW ROTH. The acts of the current administration, as well as the OBBBA legislation passed by Congress, point to an economic vision that rejects sharing resources to relieve economic inequality, arguing that money diverted from rewarding success in the private sector is generally money wasted. Journalist ALISSA QUART, in her work as Executive Director of the non-profit Economic Hardship Reporting Project (founded with Barbara Ehrenreich) and as the author of several books, has worked to counter this vision, but also to understand its deep roots in American cultural history. In her discussion with histodrian Matthew Roth, she describes the way economic precarity has climbed the class ladder, as documented in her book Squeezed (2018). In her follow-up, Bootstrapped (2022), she argued that punishing economic policies are undergirded by the narrative of the American Dream, which attributes financial success or struggles entirely to individual merit or decisions. And with the ascendance of a self-described self-made billionaire to the White House, she argues that without the growth of counter-ideals of interdependence and mutual support, economic inequality is only going to get worse.