Sunday, September 17, 2006

Interlude: Dark Ages America Part-4

Continued from Part-3

5. The author also explores Economic matters:

a. The role of technology is discussed. Although Berman does not use the term Maximum Advantage, he adequately describes the situation. The lowest common denominator is not too difficult to discern.

b. The author provides an interesting discussion of the consequences of abandoning the Bretton Woods (and with it the Gold Standard.) He describes it as a turning point on the path towards irreparable decline.

6. Berman touches upon the Curved Spectrum of the secular verses tribal cultural arrangements. The extremes represent stagnation. Too much tribal culture smothers the individual; too much secular culture leaves the individual lonely and ungrounded.

Next.

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