The American Dream is the small-business dream: Work hard-bitten and achieve success. But the American promise is one of shared prosperity, as encapsulated in the idea that “what is good for General Motor is good for America.” And for that, you need big businesses to be are available on the stock exchange, owned by the public at large.
The American promise is an imperfect one, of course, and doughnuts hollow to individuals and groups who have found themselves with little or no ability to build abundance or savings. But “in ones own” capitalist room, the public stock market is democratic: Anybody with coin can buy into it and share in its risks and honors. Whether you’re devoting $5,000 or $500,000, the stock market has aspired to be a statu playing field for the past 85 times, refereed by the watchful eyes of the SEC.