Travis
Doug Henwood wrote:
> Carrol Cox wrote:
>
>> Decadence has a nice ring but it doesn't help understand
>> what is going on.
>
>
> Yes it does. I think the US ruling class has entered a decadent phase,
> characterized by an inability to think beyond the next quarter's
> profit report or the next election cycle. Seduced by tax cuts, it's
> allowed the Bush admin to ravage the national finances and threaten
> the pillars of empire. It may not be irreversible, but it's a problem,
> and I think it's a fine way to begin to think about what's going on now.
>
> Doug
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