So growing up, I had this idea that the American dream was about that if you put in an honest amount of work, you would be rewarded with a good life. This would mean you would be able to take care of yourself and your family, afford a car and a house. In my view, working one job would probably be enough.
Nowadays, I get the idea that the American dream has become about working your ass off in order to have a chance to become a millionaire. Somehow glorifying “the grind” appears to be a part of it too now.
“We don’t see any American dream; we’ve experienced only the American nightmare.”
--Malcolm X, 1964
So no, it’s not the American Dream that changed recently but your perception. The American Dream has been a fairy tale to keep the masses in line with some vague promise of success if they only work hard enough for a very long time if not forever.