Saturday, October 08, 2011

Ideological Crisis

John Robb is absolutely correct that capitalism is facing an ideological crisis similar to that which resulted in the collapse of communism 20 years ago.  Although culturally speaking, capitalism as a means of economic exchange is probably not going anywhere (just as authoritarianism in Russia), it's ideological basis is under assault as confidence in its resultant system erodes.  In addition, governments (to varying degree) have been "hollowed out" by globalism, so there is really nothing left to step up to fill its place.  The only recourse is to switch one's orientation to "primary loyalties" as described by William S. Lind in his past writings.  In the West, much like other parts of the world, the result will be division into smaller entities than the current nation-state arrangement.  The question is how small will it go?

No comments: