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02mydafsoup-01

[...]

In a recent NYT, David Brooks reports the mood of the large majority of Americans – majority as large as the majority of Russians sharing that mood. He does it under a saying-it-all title: “The Big Disconnect”:

The current arrangements are stagnant but also fragile. American politics is like a boxing match atop a platform. Once you’re on the platform, everything looks normal. But when you step back, you see that the beams and pillars supporting the platform are cracking and rotting.

This cracking and rotting is originally caused by a series of structural problems that transcend any economic cycle: There are structural problems in the economy as growth slows and middle-class incomes stagnate. There are structural problems in the welfare state as baby boomers spend lavishly on themselves and impose horrendous costs on future generations. There are structural problems in energy markets as the rise of China and chronic instability in the Middle East leads to volatile gas prices. There are structural problems with immigration policy and tax policy and on and on.

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On Dsyfunctionality of the Global Elites | Zygmunt Bauman - Social Europe Journal - 2011-04-27

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