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IN AMERICA the central message is that each of us is free to write our own story. A polyglot nation of prodigious energy, we are held together by dreams of material progress. Seventy-eight percent of Americans still believe that anybody in America can become rich and live the good life. All it takes is desire, hard work, a little luck, and the right timing. The fable of wealth for the 1990s was telecommunications and the “new economy” of the Internet. But throughout the nation’s history there have been similar stories of riches won and lost—in the westward migration of the nineteenth century, in the excesses of the Gilded Age that closed it, in the champagne bubble of the 1920s before the Great Depression, and during the deficit spending spree of the 1980s—stories that reflect the hopeful striving of a daring people. It is because of this bounding optimism that America is an amazing and seductive place to live, something that continues to be affirmed each day by the battalions of migrants that scramble ashore in the risky pursuit of happiness. Thus the dream endures. But
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Peter C. Whybrow (American Mania: When More is Not Enough)