This amazing article describes the philosophical perspective on the current economic crisis. It’s a great piece by Prof. Noam Chomsky.
โIt is a common themeโ that the United States, which โonly a few years ago was hailed to stride the world as a colossus with unparalleled power and unmatched appeal is in decline, ominously facing the prospect of its final decay,โ Giacomo Chiozza writes in the current Political Science Quarterly.
The theme is indeed widely believed. And with some reason, though a number of qualifications are in order. To start with, the decline has proceeded since the high point of U.S. power after World War II, and the remarkable triumphalism of the post-Gulf War โ90s was mostly self-delusion.
Another common theme, at least among those who are not willfully blind, is that American decline is in no small measure self-inflicted. The comic opera in Washington this summer, which disgusts the country and bewilders the world, may have no analogue in the annals of parliamentary democracy.
Comments are closed