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This book explores the changing nature of the American Dream in the context of current and impending developments. Effective as they have been, traditional values need to be reassessed. Trends such as the informatics revolution, globalization, and changing patterns of work and free time ought to be taken into account. While the main focus is on the United States, the content is equally relevant to other major industrial societies experiencing similar forms of change. These changes have profound implications within the political, economic, and social realms. Particular attention is given to the rising incidence and significance of advance technology, which is capable of transforming not only the workplace but equally social relationships, family life, and individual development in a positive way.