Let us be thankful for the fools,’ Mark Twain wrote with typically dark humor in 1897. ‘But for them the rest of us could not succeed.’ Of all the paradoxes of failure in America, surely this is the darkest. Long ago, we saw through old fables of rags to riches; it is still fun to dream, but we know that we are partaking of a cultural myth. But if we do not quite believe in that kind of success, our faith in the myths of failure is unshaken. We are merrily cynical about whether the average tycoon really tugged on those bootstraps, but we still believe with deadly seriousness that the reasons for failure are usually individual– “in the man.” Failure is not the dark side of the American Dream; it is the foundation of it. The American Dream gives each of us the chance to be a born loser.

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