Janesville: The decline of the American Dream

Janesville, in Winsocsin, was once the epitome of the American
Dream. But everything changed following the global financial
crisis when General Motors, the business that provided the town
with most of its wealth, shut its plant.


On today’s show we have Amy Goldstein, the award winning author
of the FT Business book of the year, Janesville.


Amy spent 36 years as a journalist at The Washington Post writing
widely about social issues. Among her awards, she shared the 2002
Pulitzer Prize for national reporting. She now works for the
Brookings think tank.


Amy joined me to discuss the story of Janesville, a town built on
the back on one industry, one company. And what happens to the
town and the people of that town when the heart of its economy is
ripped out.


And it’s not just about a small town in Wisconsin, this is a
larger story of the hollowing out of the middle class and
businesses responsibilities to the communities they serve.


RUNNING ORDER:


01:17 - Part one: The story of Janesville


14:00 - Part two: The fallout


20:22 - Part three: what makes an award-winning book


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