Your request has been submitted. There was an error processing your purchase. See all on Book TV U. History Culture. June 27, Twilight of the Elites Christopher Hayes contends that Americans distrust of once respected institutions is due to the failures of our leaders….
At the center of Berman's argument is his assertion that hustling, materialism, and the pursuit of personal gain without regard for its effects on others have been powerful forces in American culture since the Pilgrims landed.
He shows that even before the American Revolution, naked self-interest had replaced the common good as the primary social value in the colonies and that the creative power and destructive force of this idea gained irresistible momentum in the decades following the ratification of the Constitution.
As invention proliferated and industry expanded, railroads, steamships, and telegraph wires quickened the frenetic pace of progress—or, as Berman calls it, the illusion of progress. An explosion of manufacturing whetted the nation's ravenous appetite for goods of all kinds and gave the hustling life its purpose—to acquire as many objects as possible prior to death.
The reign of Wall Street and the financial meltdown are certainly the most visible examples today of the negative consequences of the pursuit of affluence. Berman, however, sees the manipulations of Goldman Sachs and others not as some kind of aberration, but as the logical endpoint of the hustler culture.
The fact that Goldman and its ilk continue to thrive in the wake of the disaster they wrought simply proves that it is already too late: America is incapable of changing direction. Many readers will take exception to much of Why America Failed—beginning, perhaps, with its title. But many more will read this provocative and insightful book and join Berman in making a long, hard reassessment of the nation, its goals, and its future.
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