Summary: We have hundreds of ideas for small reforms of America, but few for radical reform of the capitalist system that runs it. As a demonstration of this problem, Wolfgang Streeck gives a profound critique of capitalism and Adam Tooze  one of the most powerful essays I have seen in a long time. This is part …
Wolfgang Streeck explains how to reform capitalism for a better 21st century Read More »
Summary: Lost in the trivia of the daily news, we can easily lose sight of the great issues shaping our times. Â Such as the future of capitalism, tested by demographic change, slowing growth, rising inequality, and political turmoil. Here is the first of two posts with insights by Wolfgang Streeck and Adam Tooze; one of …
Wolfgang Streeck asks “How will capitalism end?” Read More »
Summary: The pace of change has accelerated since Y2k so that it’s difficult to see what’s happening. Here’s a provocative essay by sociologist Wolfgang Streeck describing an evolution almost too large for us to see as it happens — the decline of capitalism (and, though he does not discuss this, its evolution into something else). …
Sociologist Wolfgang Streeck asks if Capitalism has a future Read More »
Summary: This morning’s post warning about the resurgence of racism — open, unabashed — was a bust, traffic-wise (we prefer not to know). Let’s look at something different, such as this prescient warning by historian Edward Luttwak. Written in 1994; reads like written today. Articles like this can entertain, but provide more value if acted …
Edward Luttwak: Why Fascism is the Wave of the Future Read More »
Comment by Arms Merchant: Here’s an interesting perspective from a Pravda editorial writer. His diagnosis of why we are incapable of self-government is It’s the Culture, Stupid. The Russians should be in a position to know, having suffered through their own experiment with Marxism. Foreigners often have provide valuable perspectives on America, going back to …
Stanislav Mishin sees “American capitalism gone with a whimper” Read More »
