There's a lot of truth to that, but success can be measured in different ways. Other democratic, capitalist-leaning countries have much less economic inequality. To them, that's a feature, not a bug.
The US economy of today is nothing like the US economy of the 50's and 60's where working class people could own homes, had stable jobs and could afford healthcare. To treat it like the same consistent "system" throughout the past is missing a lot of nuance.
The way economic inequality is trending today, this will all end very badly IMHO.
Edit: By total coincidence, this relevant TED talk is now on the second page of HN -
The US economy of today is nothing like the US economy of the 50's and 60's where working class people could own homes, had stable jobs and could afford healthcare. To treat it like the same consistent "system" throughout the past is missing a lot of nuance.
The way economic inequality is trending today, this will all end very badly IMHO.
Edit: By total coincidence, this relevant TED talk is now on the second page of HN -
https://news.ycombinator.com/item?id=40278189