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Requiem For The American Dream

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Kharista Nandakirana
18/426636/EK/21967
Requiem For The American Dream
Brief Summary
Requiem for the American Dream is a documentary film, using interviews with
an American activist and professor noah Chomsky. First thing mentioned in this film
is vicious cycle of concentration of wealth and power, he explained that political power
translated into legislation that increases the concentration of wealth, where
concentration of wealth yields concentration of power. The cycle was already described
by Adam Amith in “The Wealth of Nations”.
Later on this film, Chomsky talked about the “10 principles of concentration
of wealth and power” that exposed power, wealth and corruption in the U.S. The first
principal is reduce democracy, In the U.S There’s a struggle in the democratizing
tendency where sectors of the population were usually apathetic and passive became
more active and organized. The second principal is shape ideology, A call for business
to use it resources to carry out an offensive to beat this growing democratizing wave.
The third principal is redesign the economy also known as financialization the
economy. Back then, banks were regulated and a regulatory system had been
established. Financialization is part of what led to his vicious cycle of concentration of
power and wealth. The fourth principal us shift the burden. American corporations
shifted the burden of sustaining society into the rest of the population. The fifth
principal is attack solidarity. U.S in 1950 was poorer than today, but it could handle
free mass higher education. Nowadays, richer society claims it doesn’t have the
resources. That’s the general attack on principles that are the basis of the health and
prosperity of our society.
The sixth principal is run the regulators, when the business being regulated
running the regulators. Today, bank lobbyists are actually writing the laws of financial
regulation… It gets to that extreme. The seventh principal is engineer elections. When
concentration of wealth yields to concentration of political power, the cost of elections
forces the political parties into the pockets of major corporations. The eight principal
is keep the rable in line, is the right of free association which would the right to form
unions. It’s considered so far out of the spectrum of American politics. That it has never
been considered.
The ninth principal is manufacture consent, The idea is to try to control
everyone in this society to turn the whole society into perfect system. The perfect
Kharista Nandakirana
18/426636/EK/21967
system would be a society based on a pair. The pair is us and the Internet, this would
represents what the proper life would be. The tenth principal is Marginalize the
Population. Martin Gilens said the relation between public attitudes and public policy
which shows that 70% of the population has no way of influencing policy. The
conclusion is If the society is based on control by private wealth, it will reflect the
desire to maximize personal gain at the expense of others.
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