Our Economy and Politics Are Broken

by Charles Hugh Smith
Of Two Minds

Awakening from the dream of painless financial / political solutions, we find the status quo is not the solution, it is the source of our decay.

Our situation as a society is akin to awakening from a dream of loved ones to the realization that they passed away long ago. Our economy and politics are broken, yet we continue dreaming that they are functional.

Let’s start with politics. American politics now bears an eerie resemblance to pre-collapse Soviet politics: a geriatric, sclerotic, stuck-in-the-past leadership, five-year plans (four year plans in the U.S. with one goal–get re-elected) that do nothing to change the trajectory of social decay, and a populace increasingly opting out of political engagement as people realize the pointlessness of the entire charade: the commoners are powerless and the elites are incompetent and disconnected from reality.

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