Michael Lewis Money Culture Summary

Blinded by the self-destructive American dream of “Marie-Antoinette music-rooms and Restoration salons” and “toilet sets of pure dull gold” most murder their morals and harm others in the process (Fitzgerald 5.91). Whether rich or poor two things can be assured: the poor want to be rich and the rich do not want

He discusses all that is wrong with the wealthy individuals and how they are spoiled. He makes his argument by revealing how wealth is disposed of, “There are but three modes in which surplus wealth can be disposed of. It can all be left to the families of the descendants; or it can be bequeathed for public purposes; or, finally, it can be administrated during their lives by its possessors” (3). The author is Andrew Carnegie and intended audience is the general public but more specifically are those of wealth and make them conscious of how surplus wealth is disposed of. This is a primary source and reveals that even though this was how the world was a decade ago, it is quite similar and not much has

In the book Money and Class in America written by Lewis Lapham, the way Americans look at money is exposed. It compares other nations view on monetary value against that of the Americans. It is a fact that we place more value on money than anything else. This book illustrates the corruptness of the “American Dream” as it focuses money as the “currency of the soul” and through the dream, men remain free to rise or fall. Their life is the product of the effort and the decisions put forth by them.

The “rags to riches” story is a term of reverence respecting the few in society who sacrificed the little they had and emerged successful. These doctors, lawyers, entrepreneurs, researchers, and other professionals inspire people of all socioeconomic levels by transforming nothing into something. Jay-Z, George Soros, Steve Jobs – these are names culture holds with great respect. One “rags to riches” story not many Americans have heard of pushes the limits of mental capacity. This man followed the poor-to-rich path and succeeded to such high degree that he, in turn, defined the very essence of this characteristic. Once a poor boy, Andrew Carnegie transformed the limited resources available to him into tools that aided his journey in becoming one of the richest, most successful men in all of history. Carnegie began his journey as an immigrant to Pittsburgh, Pennsylvania from Scotland. His family sought work, as their former weaving business had been destroyed by the Industrial Revolution (“Andrew Carnegie” American Experience). This experience as a poor worker created the drive that led him to become one of the wealthiest men of all time through his massive steel company, the Carnegie Steel Company. In conjunction with his economic success, the tycoon used the fruits of his leadership in the steel industry to become the “father of American philanthropy” (“Meet Andrew Carnegie”). As accomplished the man became, the

Money is the supreme power of the world. Its immeasurable power and limitless influence has hacked into our society today, ruining our political democracy, our capitalistic economy, and our chances at achieving the American Dream. Money is handled differently between the rich and the poor. Money in the hands of the poor is spent on essential items necessary for survival, and since money is not abundant in the hands of the poor, every single penny is cherished as a gift from God. However in the hands of the rich, money is used to acquire more money. The urge to succumb to greed influences the rich to use any and all means necessary to grow their wealth, to grow their power, to grow their long lasting influence. We look up to the rich with awe for their ability to achieve the American Dream, but what we are blindfolded from seeing is the true rise to stardom, their true pathway to success. Not all, but some have achieved the American Dream through immoral acts and satanic deeds, swindling the desired ones from their exit of poverty or their chance to enter into reality. In the end of The Great Gatsby, F Scott Fitzgerald revealed to us the true Jay Gatsby. Fitzgerald teaches us that not all people achieve the American Dream immorally, giving the example of Jay Gatsby

In American society, wealth has played a particularly significant role in shaping the culture and standards set for our country. With every dilemma that has occurred, money was been an underlying deciding factor in the end. John.F.Kennedy makes this very clear in his statement on lowering the prices of steel, all the way Jennifer Price's take on people being obsessed with a money, even Scott Russell’s article on the status quo Americans believe determines one's happiness and success. All of these passages tie together to show just how money influences our very own society.

Have you ever wondered what life is like for people in specific social classes and all the baggage that comes with being wealthy? In the article “Amber Waves of Green”, author Jon Ronson has sit downs with hard working americans making a income of $200 a week all the way up to $625,000 a week. In another writing titled “The Mansion”, written by Michael Lewis, allows the reader to get insight on what life is like as a middle class individual taking on a higher style of living. Within the two articles the reader can point out that both Jon Ronson and Michael Lewis disagree on living styles, what wealth can do for you, and how it can affect the people around you.

“They were careless people, Tom and Daisy—they smashed up things and creatures and then retreated back into their money or their vast carelessness or whatever it was that kept them together, and let other people clean up the mess they had made” (188).

Throughout American industrialization, large industries were run by some of the richest men in history. These men got the nickname “robber barons” due to their creation of large monopolies by making questionable business and government activities, and by taking advantage of their workers to succeed. But in The Myth of the Robber Barons by Burton W. Folsom, he argues against these claims, and he takes a deeper look into some of America’s richest and most successful men. By specifically looking at Cornelius Vanderbilt, John D. Rockefeller, James J. Hill, the Scranton family and many more, Folsom believed that these so-called robber barons were actually entrepreneurs with a drive to succeed, leading to an improvement in American lives.

Novelists such as Willa Cather and F. Scott Fitzgerald used themes of desire of wealth as a fundamental element to motivate their characters. In their novels, the theme is reflected by the rich Americans who primal desire is to obtain more and more wealth. These characters are so infatuated with and blinded by money that they no longer regard the more noble qualities of life. In each of their works, these authors present intricate, self-conscious characters that desire wealth in order to attain their dreams. In reality, wealth cannot buy people, ideas or even time.

From the two-story house and the white picket fence to the consistent flow of money from a decent paying job, the American Dream has been a desire for Americans alike since the Declaration of Independence. It was not until the 1920s that the inundation of materialistic objects changed the American Dream from wanting freedom to living as comfortably as possible. As the years went on, and more machinery was being built, people gained more leisure time by relying on these innovations to either lessen the burden of specific tasks or handle them completely. This concept is prominent in F. Scott Fitzgerald’s The Great Gatsby. Throughout the book, every problem the characters face has something to do with money - whether it is Daisy declaring her love for Gatsby but deciding to stay with Tom or Nick moving to the East Coast in search of a better and more comfortable life.

During the time in our country's history called the roaring twenties, society had a new obsession, money. Just shortly after the great depression, people's focus now fell on wealth and success in the economic realm. Many Americans would stop at nothing to become rich and money was the new factor in separation of classes within society. Wealth was a direct reflection of how successful a person really was and now became what many people strived to be, to be rich. Wealth became the new stable in the "American dream" that people yearned and chased after all their lives. In the novel entitled the great Gatsby, the ideals of the so called American dream became skewed, as a result

The typical millionaires portrayed in the book were not the jet setting, high profile, luxury car driving executive that most would equate with affluence. In fact, the typical millionaire is a 57 year old male, self-employed, with an average income of $247,000. They are fairly well educated, wear inexpensive suits, and drive late model American made cars. On average, these millionaires live in modest homes and work in occupations such as: contractors, auctioneers, farmers, owners of mobile home parks, and stamp and coin dealers. These individuals are organized, live within a budget, and spend considerable time and energy investing. These individuals are also self-described tight wads. In lieu of receiving money directly for their time, the authors offered to donate money in the interviewee’s name to a favorite charity. The reply of most of the millionaires was “I am my own favorite charity,” and kept the money for themselves.

An excellent example of the American dream and its rags-to-riches concept is that of Jay Gatsby. Jay Gatsby, legally known as James Gatz, grew up on a farm in North Dakota, rather than into wealth in San Francisco, as he claims in the novel. Gatsby’s dream of being wealthy flourishes when he meets Dan Cody, a wealthy copper mongul. Gatsby starts out as a poor farm boy and transforms into a wealthy sophisticated man. Gatsby’s rags-to-riches success story makes him the embodiment of the American dream (Murphy 1). He has risen from being a poor farm boy and having nothing to having a huge luxurious house, servants, and a large social circle and he achieves this goal in a matter of a few short years, having returned from the war penniless (1). Gatsby works very hard

As Austrian writer Marie Von Ebner-Eschenbach wrote,“To be content with little is difficult; to be content with much, impossible.” History and literature have established that the ideal goal every American has wanted is for his thirst for material possessions to be reached, but even then, the individual isn’t truly happy. Money, and the things it can get you, have long been a part of American culture and the materialist culture of society have been examined in numerous ways from novels to the art of those like Andy Warhol. A life free from the economic woes that plague almost everyone seems like the quintessential existence, but material wealth is not a way to mend issues.