Ideal Life: Levin's Theory Of The American Dream

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An ideal life starts with one’s self. Overtime the building of relationships factor into your short and long-term goals to arrive at your future. It is your responsibility to create yourself into whatever it takes to reach the ideal life. As you struggle, several resources and means will make your ideal life that much easier to accomplish. Throughout it, the most important resource is your reputation; one way to build a reputation is debt. The character of reputation gained from debt is a pivotal step to achieve the ideal life through the role debt plays in our economy.
Everyone wishes to achieve different goals in their life. The goals help individuals reach a step closer to what they perceive as the ideal life. Therefore, an ideal life is not universally the same, but is centered on the individual. What is universal is a persons’ reputation whether …show more content…

The author expresses his founding from a recent poll that says the recent recession has now morphed the infamous “American Dream” from owning a house and starting a family to breaking free of their personal debt (Levin). I am of two minds about Levin’s theory of the “American Dream”. On one hand, I agree that the “American Dream” has changed from years ago. On the other hand, I am not sure if the author is correct in implying the change is as recent as he thinks. More often than not to be debt free has been the “American Dream” for several generations. As soon as credit was first in applied into the American lifestyle, it brought a sense of relief to those that needed now and could pay later. Through this system, debt was created; it made the banking system stable again and let people buy houses and cars. The ability to use credit gave borrowers a trustworthy appearance where they could then provide for themselves and their family. What was then known as the “American Dream” or as some would see know as the ideal

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