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Modifying the American Dream

An Ethnography of Foreclosure Prevention in the Great Recession

Datos Bibliográficos

ID3914013
AutoresAnna Jefferson (Schulman, Ronca & Bucuvalas), Camila Pérez (0000-0003-3751-9044, Film Independent)
Año2023
Páginas278
Fecha de publicación2023-03-27
Peer ReviewedSí
Open AccessSí
TipoARTICLE
RevistaPapeles del CEIC (JOURNAL)
Identificadores de la revistaISSN: 1695-6494 • E-ISSN: 1695-6494
EditorialUPV/EHU Press (PUBLISHER • ES)
DOI10.1387/pceic.23802
OpenAlexW4361285637
IdiomaEN
Referencias citadas28

The United States' housing crisis and Great Recession of 2007-2009 ignited personal, political, and cultural reckoning with central facets of American identity, namely what it means to be middle class. Homeownership is historically a key symbol of having achieved the "American Dream" and entering an idealized middle class. As a cultural phenomenon, foreclosure is therefore a loaded symbol both of individual downward mobility and threats to a national myth of the American Dream. Drawing on ethnographic fieldwork conducted in Michigan in 2009-2011, this paper argues that the housing crisis created a liminal class status of "facing foreclosure". From that vantage point, homeowners facing foreclosure and housing counselors assisting them critically re-examined the meanings of middle classness. The fieldwork reveals that they relied on material, moral, and political demands to obtain mortgage modifications to reassert their status as middle-class subjects. When these efforts failed, they turned to systemic critiques rather than the individualized blame the American Dream would predict

Blame · Criminology · Development economics · Dream · Economics · Ethnography · Foreclosure · Keynesian economics · Liminality · Middle class · Political economy · Political science · Politics · Recession · Sociology · Anthropology · Gender Studies · Law · Psychology · Social Psychology · Urban, Neighborhood, and Segregation Studies

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