Does social mobility really exist in contemporary American society? Is it possible for someone who comes from the deepest depths of poverty to succeed and ascend to the top of society? Could the American Dream still be realized in these times when we see the stratification of contemporary American society based on wealth and social class so vehemently emphasized and perhaps emphasized to some extent? Or perhaps Charles Sackrey, Geoffrey Schneider, and Janet Knoedler (authors of Introduction to Political Economy) might be right that the American dream is a “particularly deceptive myth”? This is a topic that has been debated for a long period of time among various scholars, analysts and people like us; in American society today, it could be divided into many parts: some look at the rich, the middle class, and the poor. poor, and others lean 99% versus 1% when it comes to debates arising over the distribution of wealth. The American Dream, a long-standing national ethic that definitively proposes the idea that our freedom affords us the opportunity for great prosperity and success, as well as upward social mobility through the application of hard work, is perhaps central to this idea if social mobility, as scholars continue to argue that it is less attainable nowadays than in previous generations and that it is much less widespread in the United States than in other Western countries. Regarding social mobility, it is also argued that, although it exists to a greater extent in other Western countries, it is no less attainable today in the United States than it was in the past. The purpose of this essay is to take a good look at both sides of the coin in terms of this i...... middle of paper ...... Erican capitalism." Introduction to Political Economy. 7th ed . Cambridge, MA: Dollars and Sense, Economic Affairs Bureau, 2005. 147-76. “Class in America: Mobility, Measured.” Cassidy, John. “Social Mobility Has Not Declined: What It Means and What It Doesn’t Mean.” The New Yorker, January 23, 2014. Web February 9, 2014. .Friedman, Howard Steven Myth of Social Mobility.” The Huffington Post. TheHuffingtonPost.com, July 16, 2012. Web. February 11. 2014. .