by Matthew Piepenburg
Gold Switzerland
American exceptionalism, as current COVID and capitalism disasters confirm, has morphed into a distortion that resembles more of a comorbidity than a guiding light.
Despite a prior reputation for leading the world in innovation, problem solving and health care, the U.S. is witnessing record hospitalizations in a nation comprising 5% of the global population yet 25% of its COVID infections.
Regardless of one’s politics, the COVID crisis is now an open symptom of failure, not exceptionalism.
The same is true of the current crisis facing American capitalism.
In its purest form, capitalism is an exceptional system, yet sadly one that is morphing into something that is anything but exceptional.