Tuesday, July 16, 2019

THE DECLINE AND FALL OF THE AMERICAN EMPIRE ?








Most empires last about two hundred and fifty years, and we are at our sell-by date.


We were an innovative country during the twentieth-century; but we have become stagnated.    Capitalism served us well for a hundred years as industries were created and wealth was distributed.  A company, a job and work were the center of most family’s lives.


But now Capitalism has stagnated.   Oil and Coal companies, having powerful influence with politicians, are blocking the research and development of clean and renewable energy into the future.   Movement into high speed rail is discouraged by trucking interest and truck manufacturers.  Even though we have a high-tech brain trust here in the U.S, all our techno-gadgets are being produced and assembled in China in order to increase profit margins, which in effect is transferring the technology to the Chinese.    Our power grids are primitive and vulnerable, our roads and infrastructure are underfunded, as we divert our resources into military spending, which enriches the military industrial complex. 
 

Billionaires don’t want to see changes to the things that have traditionally made them rich, so they attempt to anchor us into an economy of the past.
 

The working middle class had been left behind because the majority of wealth has been diverted to the billionaires at the top of the capitalist food chain.   This is capitalism gone amok.


Meanwhile China is building roads across Africa.  They are leaders in the production of solar energy; they are leaders in the development of Artificial Intelligence; they are leaders in the research on drones; and let’s not forget they hold the lien on the majority the U.S. debt.


China is not a role model, but it is impossible to not recognize that they are moving ahead; while we are a country still trying to exist in the twentieth century.


Perhaps I am wrong.  
the Ol’Buzzard






7 comments:

  1. I agree that China will be tomorrow's world leader but that is a distressing development due to their government's lack of respect or regard for human rights.

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    Replies
    1. And we have children locked up in cages on the southern border.
      O'B

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    2. True. The US is bad, but China is worse.

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  2. It's like the child (China) all grown up and leaving the parents (USA) in their dust. I feel sorry for the future of our government. All the old dudes refuse to yield to the kids of the future.

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  3. China has a good sized chunk of the foreign owned debt (28%) but most of the US IOUs are to ourselves..

    That 250 year cycle sure does look to be an accurate marker.

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  4. Very sad but very likely correct.

    PipeTobacco

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  5. I wish you were wrong, but it seems to me everyone wants only to atrophy on their SmartPhones, watch sports or movies all day, get drunk or high, or "joyride" around on e-scooters, skateboards, bicycles, or cruising up and down the main drags in loud mufflerless vehicles.
    Forget cultural enhancement or improvement.

    ReplyDelete

COMMENT: Ben Franklin said, "I imagine a man must have a good deal of vanity who believes, and a good deal of boldness who affirms, that all doctrines he holds are true, and all he rejects are false."