Hedrick Smith’s nonfiction book “Who Stole the American Dream?” carefully analyzes how wealth has consolidated in the US and how the middle class has been destroyed. Smith explores how corporate executives put stockholders’ interests ahead of workers’ welfare. U.S. senators, representatives, presidents, and court rulings all contributed to this change, which made the American Dream ever more elusive.
The important Powell Memorandum, which gave American corporate leaders a new political path, is another topic covered in the book.