The Economic Apollo Program

[noonereal]

Originally Posted by Boreas

Listening to Thom Hartman are we?

I too think understanding leoliberalism is critical to our understanding of the mess we're in. It is the economic manifestation of Randian Objectivism. It is "end stage capitalism". There's nothing left for Capitalism to devour but itself.

This cannot be stopped. The forces of neoliberalism are so powerful and so entrenched that nothing, short of a popular uprising on a global scale, will overturn the system. This will have to play itself out and it will not be pretty.

Originally Posted by finnbow

Before one replaces a system, one needs to have another system pretty much worked out in advance. Otherwise, anarchy and chaos reign.

https://www.washingtonpost.com/opini...6b1_story.html

Originally Posted by Boreas

In some, but not all, cases, the established system is so entrenched and the beneficiaries of the system so powerful that an orderly transition from the old system to the new isn't possible. As with the American Revolution, the old system became an insurmountable obstacle in the path to a new system. This leaves only two alternatives: either you wait for the old system to destroy itself, a process that took 200 years post revolution for the British empire, or you overthrow the system by any available means. Only then can you begin to put a new system in its place.

The Post article neglects to mention that out first go, the Articles of Confederation, was a bust and that we had to scrap it and start over in 1787. The Constitution, adopted 2 years later, was our second try and it failed to prevent the crisis our country faced 70 years later.

Originally Posted by finnbow

Yeh, it's worked out really well in the Mideast and Russia and it remains to be seen how the transition in the UK goes now that they've bought a pig in a poke.

Originally Posted by Boreas

What may be preferable isn't always possible.

See my late edit.

And Russia is still around 100 years later. China too.

nice exchange

somethings to ponder

thanks!