Quote by Jon Meacham

The perennial conviction that those who work hard and play by the rules will be rewarded with a more comfortable present and a stronger future for their children faces assault from just about every direction. That great enemy of democratic capitalism, economic inequality, is real and growing.

The perennial conviction that those who work hard and play b

Summary

This quote highlights the belief that hard work and adherence to societal norms should guarantee individuals a better present and secure future for their children. However, this conviction is being challenged by the rising issue of economic inequality, which poses a great threat to democratic capitalism. The quote suggests that economic inequality exists and is expanding, undermining the traditional notion of meritocracy and raising concerns about the fairness and sustainability of the system.

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