Our Economy and Politics Are Broken, by Charles Hugh Smith

Regardless of party affiliation, it’s always meet the new boss, same as the old boss in Washington. From Charles Hugh Smith at oftwominds.com:

Awakening from the dream of painless financial / political solutions, we find the status quo is not the solution, it is the source of our decay.

Our situation as a society is akin to awakening from a dream of loved ones to the realization that they passed away long ago. Our economy and politics are broken, yet we continue dreaming that they are functional.

Let’s start with politics. American politics now bears an eerie resemblance to pre-collapse Soviet politics: a geriatric, sclerotic, stuck-in-the-past leadership, five-year plans (four year plans in the U.S. with one goal–get re-elected) that do nothing to change the trajectory of social decay, and a populace increasingly opting out of political engagement as people realize the pointlessness of the entire charade: the commoners are powerless and the elites are incompetent and disconnected from reality.

Recall Smith’s Neofeudalism Principle #1: If the citizenry cannot replace a kleptocratic authoritarian government and/or limit the power of the financial Aristocracy at the ballot box, the nation is a democracy in name only.

Take a look at the charts below and tell me how transferring power from one party to the other changed the trajectory of social decay, kleptocracy, authoritarianism or the predations of the financial Aristocracy. You can’t, as “business as usual” politics is incapable of changing the trajectory of inequality, debt and social decay.

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One response to “Our Economy and Politics Are Broken, by Charles Hugh Smith

  1. I’m calling it the Cloaca Maxima.

    Who will be Boss Tweed as Tammany Hall goes nationwide and the best stench of corruption the mistake on Lake Michigan [CHI] can produce?

    I was hoping Trump would go full Don Vito but knew that was wildly optimistic.

    He thought NYC business world dealings would apply to the swamp and got a loud sad trombone blast in the ears.

    Some systems just reach the end of the line and we are almost at that 250 year shelf life.

    Democracies last 250 years because, as the Socrates trial taught us, the mob rules; and the mob perfectly understands this, because without their participation, there is no democracy. Therefore, the mob has demands; It has its price.

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