The Way Back: Restoring the Promise of America

Nothing is more central to the idea of America than that this is a country where everyone can rise to the top with ambition and hard work. That is the promise of America, but now the promise has been broken.

We’ve become an aristocratic country, where rich parents raise rich kids and poor parents raise poor kids. We’ve been told that the changes are structural, that there’s nothing we can do about this. But that doesn’t explain why other First World countries are beating us hands down on the issue of mobility.

What's different about America is the structure of our political parties. The Democratic Party is an alliance of the poorest of Americans, those who have little chance to rise, and a New Class of the comfortably rich professionals, media leaders and academics who shape the contours of American politics and circumscribe our policies. It’s an alliance of both ends against the middle that recalls the Red Tories of parliamentary countries. The members of the New Class are the Tories of today, and because of their feigned concern for the poor they are Red Tories.

Aristocracy, not mobility, is the natural default position of a society, but what is natural is seldom benign and never necessary. We can become less aristocratic by emulating countries that are more truly mobile.

1123361686
The Way Back: Restoring the Promise of America

Nothing is more central to the idea of America than that this is a country where everyone can rise to the top with ambition and hard work. That is the promise of America, but now the promise has been broken.

We’ve become an aristocratic country, where rich parents raise rich kids and poor parents raise poor kids. We’ve been told that the changes are structural, that there’s nothing we can do about this. But that doesn’t explain why other First World countries are beating us hands down on the issue of mobility.

What's different about America is the structure of our political parties. The Democratic Party is an alliance of the poorest of Americans, those who have little chance to rise, and a New Class of the comfortably rich professionals, media leaders and academics who shape the contours of American politics and circumscribe our policies. It’s an alliance of both ends against the middle that recalls the Red Tories of parliamentary countries. The members of the New Class are the Tories of today, and because of their feigned concern for the poor they are Red Tories.

Aristocracy, not mobility, is the natural default position of a society, but what is natural is seldom benign and never necessary. We can become less aristocratic by emulating countries that are more truly mobile.

27.99 Out Of Stock
The Way Back: Restoring the Promise of America

The Way Back: Restoring the Promise of America

by F. H. Buckley
The Way Back: Restoring the Promise of America

The Way Back: Restoring the Promise of America

by F. H. Buckley

Hardcover

$27.99 
  • SHIP THIS ITEM
    Temporarily Out of Stock Online
  • PICK UP IN STORE

    Your local store may have stock of this item.

Related collections and offers


Overview


Nothing is more central to the idea of America than that this is a country where everyone can rise to the top with ambition and hard work. That is the promise of America, but now the promise has been broken.

We’ve become an aristocratic country, where rich parents raise rich kids and poor parents raise poor kids. We’ve been told that the changes are structural, that there’s nothing we can do about this. But that doesn’t explain why other First World countries are beating us hands down on the issue of mobility.

What's different about America is the structure of our political parties. The Democratic Party is an alliance of the poorest of Americans, those who have little chance to rise, and a New Class of the comfortably rich professionals, media leaders and academics who shape the contours of American politics and circumscribe our policies. It’s an alliance of both ends against the middle that recalls the Red Tories of parliamentary countries. The members of the New Class are the Tories of today, and because of their feigned concern for the poor they are Red Tories.

Aristocracy, not mobility, is the natural default position of a society, but what is natural is seldom benign and never necessary. We can become less aristocratic by emulating countries that are more truly mobile.


Product Details

ISBN-13: 9781594038570
Publisher: Encounter Books
Publication date: 04/26/2016
Pages: 384
Product dimensions: 6.20(w) x 9.10(h) x 1.50(d)

About the Author


F.H. Buckley is a Foundation Professor at George Mason School of Law. His previous books include The Once and Future King: The Rise of Crown Government in America (Encounter, 2014) and The Morality of Laughter (Michigan, 2013). He lives in Alexandria, VA with his wife Esther.

Table of Contents

Preface to the Paperback Edition xiii

Acknowledgments xxv

1 Socialist Ends, Capitalist Means 3

Things We Can't Change 7

Legacy Nation 10

Things We Can Change 14

Part I The Idea of America

2 Up from Aristocracy 19

Alexander Hamilton Stumbles 20

An Aristocratic Colony 22

A Revolution of Ideas 26

3 The Invention of the American Dream 31

A Natural Aristocracy 32

The Transformation of America 34

The Promise Renewed 38

Part II The Way We Are Now

4 Unequal and Immobile 45

Inequality 48

Immobility 54

Inequality Hardens into Immobility 56

5 Why Republicans Should Care about Income Immobility 61

Not Just the Left 62

The Fragiles Come out to Vote 65

6 Why Conservatives Should Care about Income Immobility 71

Why We Need Intermediate Organizations 72

Have Intermediate Organizations Declined? 74

What's Immobility Got to Do with It? 78

7 Why Libertarians Should Care about Income Immobility 81

8 Why Everyone Should Care about Income Immobility 87

Wealth 87

Happiness 89

Part III Things We (Mostly) Cant Change: Technology, Taxes, Welfare, Culture, Genes

9 The Move to an Information Economy 99

Is Technological Change Skill-based? 101

Has Technological Change Recently Increased? 105

A Supply-side Explanation? 108

10 Globalization 111

The Loss of Low-tech Jobs 112

The New Global Super-rich 114

11 The Limits of Public Policy 119

Stingy Welfare Benefits? 119

Low Tax Rates? 121

Campaign Finance Reform? 125

12 Living with Immobility 131

Inherited Wealth 132

Environment and Culture 133

Genoeconomics 139

Part IV Things We (Mostly) Can't Change: The Aristocrat Abides

13 Darwinian Immobility 145

The Bequest Motive 146

Relative Preferences 154

Spite 156

14 The New Class 161

Reciprocal Altruism 162

Green Beards, Networks, and Reputations 163

Class Markers 166

Politics as a Green Beard 175

15 Red Tories 179

Maypoles on the Village Green 179

Heroism and Hubris 185

Sealing the Deal 190

Part V Things We Can Change

16 Education 197

The Promise Made 199

The Promise Broken 207

The Enemies of Promise 210

17 Immigration 219

A Nation of Immigrants 220

The 1965 Immigration Act 222

Opportunity Costs 226

18 Crony Nation 231

Benign Neglect 232

Licensing Entrepreneurs 237

Romancing Wall Street 241

Tax Subsidies for the Rich 245

Coporate Law Malfunctions 249

19 Criminalizing Entrepreneurship 253

The United States of Crime 254

A System Designed to Convict 257

Enemies of the People 260

20 The Rule of Lawyers 267

21 The Way Back 275

A Wish List 276

Endless History 278

Reversing 281

Appendices 289

A Income inequality 289

B Píketty's Law of Accumulation 291

C Regression Analysis 296

D Altruism and Evolutionary Fitness 299

Endnotes 305

Index 351

From the B&N Reads Blog

Customer Reviews