The American economy will eventually recover, and so, too, up to a point, will our standing abroad. America was for a long time the most admired country in the world, and we are still the richest. Like it or not, our actions are subject to minute examination. Our successes are emulated. But our failures are looked upon with scorn. Which brings me back to Francis Fukuyama. He was wrong to think that the forces of liberal democracy and the market economy would inevitably triumph, and that there could be no turning back. But he was not wrong to believe that democracy and market forces are essential to a just and prosperous world. The economic crisis, created largely by America’s behavior, has done more damage to these fundamental values than any totalitarian regime ever could have. Perhaps it is true that the world is heading toward the end of history, but it is now sailing against the wind, on a course we set ourselves.
This is just output from a compartment of the holistic compartment complex.
America has no capitalism, and its largely because of the Output developed as architecture from another compartment, just to the left of where Mr Stiglitz sits.
The hole in this piece is that its so full of holes, you dont know where to begin.
sorry Mr S....nice try, but plausible deny ability is no longer good enough for those of us with better eyes. |
