Of course, you already sense that the 2024 election will be a freaky event, if it happens at all. If it’s not America’s last election altogether, it may be the last one that follows the traditional format that has signified stability in our country’s high tide as a great power: that is, a contest between Republicans and Democrats. Both parties are likely to crash and burn in the year ahead, along with a whole lot of other things on the tottering scaffold of normal life.
Have you lost count yet of the number of things in our country that are broken? The justice system. Public safety. Education. Medicine. Money. Transportation. Housing. The food supply. The border. The News business. The arts. Our relations with other countries. That’s just the big institutional stuff. At the personal scale its an overwhelming plunge in living standards, loss of incomes, careers, chattels, liberties. . . poor health (especially mental health). . . and failing confidence in any plausible future.
The reasons behind all that failure and loss are pretty straightforward. The business model for operating a high-tech industrial economy is broken. That includes especially the business model for affordable energy: oil, gas, nuclear, and the electric grid that runs on all that. We opted out of an economy that produced things of real value. We replaced that with a financial matrix of banking fakery. That racket made a very few people supernaturally wealthy while incrementally dissolving the middle-class. We destroyed local and regional business and scaled up what was left into super-giant predatory companies that can no longer maintain their supply chains. Fragility everywhere in everything.
Bad choices all along the way, you could say, but perhaps an inexorable process of nature. Things are born, they grow, they peak, they decline, they die. The difference this time is the scale of everything we do is so enormous that the wrecka
Article from LewRockwell
LewRockwell.com is a libertarian website that publishes articles, essays, and blog posts advocating for minimal government, free markets, and individual liberty. The site was founded by Lew Rockwell, an American libertarian political commentator, activist, and former congressional staffer. The website often features content that is critical of mainstream politics, state intervention, and foreign policy, among other topics. It is a platform frequently used to disseminate Austrian economics, a school of economic thought that is popular among some libertarians.