IN 1931, JAMES TRUSLOW ADAMS defined the American Dream with these simple yet powerful words: "Life should be better, richer and fuller for everyone, with opportunity for each according to their ability or achievement of social class or circumstances of birth. Without question, the American Dream still exists. It provides a beacon of hope to the entire world. It is also true that this dream must now compete in an environment far more complex and challenging than our country, emerging from World War II in 1945, could have ever imagined. Continuing conflict between major world powers, climate change, globalization and world migration patterns present both tremendous opportunities and daunting challenges to all nations. Geometric increases in cyber capabilities have brought to the world a new and powerful dimension in the conduct of human affairs. The American Dream must also contend with the unique, magnificent, contentious and corrupt, yet often inspiring nature of politics within our present day democracy.