Tag Archives: Elites

Recovering America’s History of Progressive Populism

There is only one narrative in the mainstream media about populism: it destroys democracy and leads straight to fascism. This is an ignorant and false narrative. Here’s a typical example of the mainstream anguish that the elites’ preferred narratives are … Continue reading

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Following in Ancient Rome’s Footsteps: Moral Decay, Rising Wealth Inequality

There are many reasons why Imperial Rome declined, but two primary causes that get relatively little attention are moral decay and soaring wealth inequality. The two are of course intimately connected: once the morals of the ruling Elites degrade, what’s … Continue reading

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Failed Discipline, Failed Reforms and Grexit: Why the Euro Failed

There is no substitute for the discipline of a market that cannot be manipulated by political elites. It’s not that difficult to understand why the euro is doomed to fail. Given its structure, there is no other possible outcome but … Continue reading

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Why the Periphery Is Crumbling: The Spoils System Is Cracking

Instability starts on the periphery and moves into the core. While it is clear that the instability in periphery nations is arising from dynamics unique to each nation, there is one unifying causal factor: the spoils system in each nation … Continue reading

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