PEOPLE AND EVERYDAY LIFE
Asian American Pioneer Entrepreneurs: Realities of the American Dream

Video overview for Chapter Title.
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Have Asian Americans who are successful at business achieved the “American Dream?”
Chapter objectives
- Learn about the historic diversity and disparities of wealth, income, and financial security within and between Asian American communities.
- Understand how Asian Americans have been portrayed through the model minority myth, promoting misunderstanding, inequality, and interracial conflict.
- Explore how the histories of Asian American communities and their economic activities offer a definition of collective success that upsets the solely individual nature of the American Dream.
Asian Americans are often associated with the myth that they have for the most part overcome racial discrimination in the United States through hard work to become economically successful. This storyline has served to reinforce the ideals of the American Dream and the notion that American society is based on merit above everything. But, the diversity of Asian Americans’ lived experiences throughout American history reveals both their inclusion and exclusion from certain economic privileges. The disparities of wealth, income, and financial security among Asian American communities demonstrate how these myths can feed racial competition, conflict and misunderstanding and promote ideals of individual success while ignoring other factors. While some Asian American businesses have replicated exploitative practices, others have worked to define success through values of collective ownership and mutual aid. By studying the history of Asian American businesses, this chapter explores how Asian Americans have held different definitions of success in American society.
Modules in this chapter
Entrepreneurship and Asian American Businesses
Asian Americans in Banking and Finance
The Taste of Success
Asian Americans and the Different Realities of the American Dream
Entrepreneurship and Asian American Businesses
Asian Americans in Banking and Finance
The Taste of Success
Asian Americans and the Different Realities of the American Dream
Chapter Sources
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