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Garry Gerskwotiz's avatar

Karl you’re correct about the west not having recovered from the 2098 GFC, but like Roosevelt back in the 30’s when he saved “capitalism “ Obama put the final nail in its coffin by bailing out the banks instead of bailing out the system and the people hence we Trump leading “demockracies “ march into fascism

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dornoch altbinhax's avatar

In the post war western elite circles redeveloped Malthusian ideas and articulated them via Limits to Growth. All the while undertaking a process of co-opting reform processes to impede a transfer of power from west to east. The essay misidentifies western democracy failing to see the centrality of what can be called the "money power" and oligarchy, a multi century project where the torch of empire/imperialism has been passed along European states and finally to the the USA. We now have an existential conflict between win-win and zero sum. It seems that China and Russia (certainly) and India (moving from tepid to more enthusiastic) have been forced into accelerating a complete break with the old global system, no time for nostalgia or glances at the rear view mirror.

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