Tuesday, 7 June 2016

Demagoguery, Duopoly, & The Death Of America's Body Politic | Zero Hedge

Demagoguery, Duopoly, & The Death Of America's Body Politic


It seems such an improbability, impossibility at times, that such a diverse population in ethnicities, races, religions and ideologies be politically housed in two tents.  But this United States of America for all its diversity, and at times forced accommodation, did manage early on in its history to develop an economic critical center of gravity – a large, unprecedented economic marketplace – that kept the nation un-fragmented, magically glued principally because of a single reason: an unrivaled economic prosperity that the United States maintained for its people vis-à-vis other economies in the world. 
However, that unique economic and political America that Alexis de Tocqueville would describe almost two centuries ago [Democracy in America] may have had its incredible seven-generation run, and be now ready for a meltdown; for the patent to that magic glue held by America has now expired, free for all to emulate via globalization.  And, ‘though the international playing field has yet to become competitively flat, we might just be a short generation away from that occurring; and the miracle that once was America could soon become but a memory of recent past.
Poof… goes the American mythic star!  The diamond-studded American exceptionalism, together with the touted and revered American dream – dual virtuosity that we were made to believe came from above… from a god who prejudicially played favoritism on our behalf – are rapidly coming to an end, as we begin to recognize and acknowledge that our lucky star was mainly the result of an unprecedentedly large marketplace that industrious Americans created in their westward territorial expansion… something which de Tocqueville clearly saw and aptly described in the 1820’s.

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