American Mojo: Lost and Found: Restoring our Middle Class Before the World Blows By, by Peter D. Kiernan
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American Mojo: Lost and Found: Restoring our Middle Class Before the World Blows By, by Peter D. Kiernan
Free PDF Ebook Online American Mojo: Lost and Found: Restoring our Middle Class Before the World Blows By, by Peter D. Kiernan
In American Mojo: Lost and Found, Peter D. Kiernan, New York Times bestselling and award-winning author, focuses on America’s greatest challenge―and opportunity―restoring the middle class to its full promise and potential.
Our educated, skilled, and motivated middle class was the cornerstone of America’s postwar economic might, but the country’s dynamic core has struggled and changed dramatically through the last three decades. Kiernan’s extensively researched story, told through individual histories, shows how the middle class flourished under unique circumstances following World War II and details how our middle class has been rocked and shaped by events abroad as much as at home. By excluding too many Americans, the middle class we reverently recall was fractured from the beginning.
What emerges through his storytelling is a picture of middle-class decline and opportunity that is fuller, more moving and profound, and ultimately more useful in terms of charting a path forward than other examinations. His unique global perspective is a vital ingredient in charting the way ahead. This new frontier thesis shows that middle-class greatness is again within our grasp―if we take some powerful medicine and seize the global opportunity. America possesses the skills and talent the world needs. Americans must embrace what brought our middle class to prominence in the first place―our American Mojo―before it is too late and other countries steal the march.
All that is at stake is the soul of our nation.
American Mojo: Lost and Found: Restoring our Middle Class Before the World Blows By, by Peter D. Kiernan - Amazon Sales Rank: #1069173 in Books
- Published on: 2015-09-09
- Original language: English
- Number of items: 1
- Dimensions: 9.00" h x 1.04" w x 6.00" l, .0 pounds
- Binding: Paperback
- 464 pages
American Mojo: Lost and Found: Restoring our Middle Class Before the World Blows By, by Peter D. Kiernan Review "Kiernan chronicles, in highly entertaining fashion, the American middle class's rise over the course of the 20th century, as well as its currently imperiled state. Observing that "80% of the world's purchasing power, 92% of the world's economic growth, and 95% of the world's consumers" are now outside the U.S., Kiernan asks whether Americans are in danger of being left behind. Each chapter begins with the story of a person who participated, and in some cases played a key part, in the progress of the American middle class, from the potato magnate who made McDonald's possible, to Betty Friedan and her contribution to unleashing the economic potential of American women. The stories touch on many topics, including the post-WWII housing boom, the economic impacts of racism, the culture war's origins in the late 1960s, and Reaganomics . . . this is a riveting read that sets out not to draw definite solutions from past successes and failures, but to educate the general readership with storytelling." ―Publishers Weekly"Peter Kiernan has written the book that needed to be written―and read―right now. His documentation of how America’s middle class rose and is now teetering is the wake-up call this country needs to hear. His incisive storytelling, trenchant observations and clear-eyed solutions make this a must read." ―Geoffrey Canada, president, Harlem Children’s Zone“Peter Kiernan is a man with a big vision―for the middle class. In this robust and imaginative analysis of how the middle class must be secured he cuts through the fog and presents a clear vision for a new course. Bravo.” ―Tom Brokaw"Thoughtful and thought-provoking, American Mojo: Lost and Found is ultimately an optimistic resource of practical and proactive macroeconomic strategies for the twenty-first century, highly recommended." ―Midwest Book Review"American Mojo is a page-turner of a gripping story, one that reads like fiction but in fact weaves the drama of the breakdown of our healthy middle class. And then hope brims from the pages as Peter Kiernan guides us toward a truly possible future where the jewel of our nation, our middle class, could actually shine again for real. If you care about America, there is no more important book out there today." ―Diane Nyad, champion ocean swimmer, author, and frequent public speaker for social betterment
About the Author Peter D. Kiernan, award-winning bestselling author, is an entrepreneur, philanthropist, and advisor to businesses, nonprofits and government. After a multi-decade Wall Street career, he left in 2000 to pursue venture capital start-ups, nonprofit work and writing. A 25-year Robin Hood Foundation board member and past Chair of the Christopher and Dana Reeve Foundation, he has served on the boards of numerous hospitals, colleges, graduate schools, disability and poverty fighting organizations, and charter school initiatives and currently serves on the Al Smith Foundation. A frequent contributor on TV talk shows, radio programs and public speaking forums, Kiernan’s last book, Becoming China’s Bitch won the International Book Award and was a New York Times bestseller. He holds an MBA from Darden and a BA from Williams College and lives in New England with his family.
Excerpt. © Reprinted by permission. All rights reserved. In twenty years the global middle class will be unrecognizable. Why? Because outside our border lies 80 percent of the world’s purchasing power, 92 percent of the world’s economic growth, and 95 percent of the world’s consumers. And they are hungry for change in a way that should be familiar. Today, dozens of nations have explicit plans to create their own middle class miracle. A billion more middle class members should emerge in the next decade. What does that surge mean for the restoration and livelihood of the American middle class? Like we did in the fifties, these countries are short-cutting their way to a dynamic middle class by providing it with conditions to prosper. Meanwhile we drift along, vaguely concerned that our middle class is shrinking, that wages are sideways at best, and that our population is changing right before our eyes. If we have no plan at all, what does that mean for our prospects? We still look at middle class problems myopically―as purely domestic affairs. 1955 is dead and gone. This book assumes the missing global perspective ignored by domestic policy ostriches who so often dominate discussion. When it comes to the middle class, all the world’s a stage.
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Most helpful customer reviews
18 of 18 people found the following review helpful. Enthralling, Clear and Constructive--A Realistic Blueprint By Peter Hillman This timely, fresh and engaging book is the one everybody running for President will wish s/he could have written.It takes an author unencumbered by political ambition, but with a wealth of hands-on corporate, world and philanthropic experience, to give us this essential reading, now. It takes an unfettered private citizen, not enmeshed in academia or governmental/think tank agendas and revolving doors, to home in on what's worked and what hasn't; to personalize and synthesize; to refuse to offer up tired bromides but instead to think inside and out of the box.One need not agree with every observation and idea and the author wouldn't want you to. But his intelligence and perception are striking, the book is a "page-turner" and his optimism, while not unbridled, is inspiring.(Full disclosure: Pete and I majored together in American Civilization with the same remarkable professors, materials and discussions.)The prose is vibrant and compelling. Two or three-sentence paragraphs of observations/ideas flow from contextual material. The invitation is to the reader to think, agree, disagree, diverge, modify, alter but above all to think about, our broken, but vitally needed, middle class.Each chapter begins with a vignette about an individual in our history who played a formative role, because part of Kiernan's thesis is that our history abounds with individuals who were willing to make profound economic and societal changes for the greater good; to get back on track (to re-attain our "mojo"), we must drive anew that spirit of individual empowerment and responsibility.Part One traces the post WW II growth of a large and prosperous middle class, while pointing out looming stress fractures, or how the nation could wind up being a victim of its own successes. Kiernan also traces the seismic changes in national politics that led to Reagan's ascendancy and polar shifts in policy. The author supports his points with a winning combination of empirical, anecdotal, learned evidence--and heaps of common sense. He resists: "On the one hand, on the other...perhaps...could argue in hindsight...it may be seen...so-and-so might have been thinking..." Instead, the voice is crystal-clear, as a clarion call to understanding and action must be.Part Two is "Found"--middle class mojo growth buds and sprouts here and there despite the devastating set-backs of the Great Recession. A good example is the work and vision of Geoff Canada with Harlem Children's Zones--an effort Kiernan knew well from his philanthropic work at the Robin Hood Foundation. This and other examples illustrate nicely Kiernan's belief in the power of each of us, particularly the privileged, to help individually and ally with business and government to re-energize our middle class.Two spectacular, beat-all chapters are 10 ("The One Per Cent Solution...A time for wealth to lead the charge"), and 18 ("Back to Work...The new abnormal of job creation"). They are chock-full of practical, viable and creative ideas, designed to attract consensus thinking and action.He recognizes well the explosion of prosperity and new middle classes across the developed world--with each country's own groups left behind-- and acknowledges that our unique circumstances post WW II are those of a by-gone era. He acknowledges painfully that not everyone will find a satisfying place in a re-invigorated middle class.All those moons ago, we learned that a special blend-- of courage, willingness to pull oars together, free expression, ingenuity and allegiance of individuals in a position to give and make sacrifice-- birthed and nurtured this country's great growth. Now, many journeys later, Kiernan again finds that "[h]appily, everywhere in the world you go, there is an abiding confidence that we possess something special that drives us to higher ambition and accomplishment." It is difficult to deny that, or to conceive of a more readable, impartial and stirring modern call to action.
11 of 11 people found the following review helpful. Solid Compass Direction By Bing West This is an account of how to thread the needle between liberals who want to regulate a redistribution of a fixed economic pie and conservatives who believe less regulation will increase the size of the pie. Both claim their preferred path increases the income of the middle class, elastic by any definition. The author argues for less regulation and increased government incentives for mostly export-related expansionism that will incentivize our dynamic middle class to exert its inherent mo-jo.That is an over-simplification. This author at his best when you as the reader digest the data in each of his ~200 sub-topic essays, before moving on to the next. In other words, there's too many data, insights and provocations to grapple with and reach a conclusion in three or four hours. Take your time with this book. It is a compendium.The one subject not addressed is the underground economy. Supposedly $2 trillion and ~10% of our GDP occurs off the books; that is, without taxation. If so, then some classes of economic Americans are doing better than the data in the book suggest.That is a quibble. Overall, this is a non-political, sweeping analysis best digested in bite-sized readings. It probably takes about six separate sessions. Read, come back to it a few days later, and eventually finish. You will then think - wow, how can anyone, no matter his elected office or his brain power, control the economy of an entire nation, be it America, Greece or China? It cannot be done. There are cultural dynamics and national "take-off" moments of manifest destiny that overwhelm and should humble any macro economic authority. However, the policymaker does set a general direction. Without Hamilton, we would not be the country we are now.Keirnan's compass guide has the ring of sensibility, sophisticated but readable. A read worth the time. A solid compass direction to compare to what we are offered over the next 18 months.
11 of 11 people found the following review helpful. LET'S NOT HAVE HISTORY REPEAT ITSELF By Robin Leigh Morgan I received a hardcover edition of this book through a GoodReads.com giveaway and the following is my honest opinion for it.This book is a far cry from the myriad of genres of fiction books and memoirs I’ve reviewed to date. It’s not the type of book readers can read right through without taking any sort of break; they need to absorb each one chapter one at a time to reap the greatest benefits this book has to offer them.The manner in which Mr. Kiernan has written his fact-filled book causes readers to want to read more by eagerly turning to the next page, which is usually not prevalent in books of this genre. Taking readers on a time travel trip to the past to view FDR taking us out of the Depression the entire nation had still been reeling in when he took office, adds a glimmer of hope for the middle class in seeing some light at the end of the tunnel to their present economic condition. One needs to look at the economic history of this country in order to avoid any possible repeat of the faux pas which has already transpired in the past.For his thought-provoking endeavor I’m giving Mr. Kiernan 5 STARS.
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American Mojo: Lost and Found: Restoring our Middle Class Before the World Blows By, by Peter D. Kiernan
