Monday, April 18, 2016

The Lesson Of Empires:
Once Privilege Limits Social Mobility,
Collapse Is Inevitable
Charles Hugh Smith* sees privilege & social mobility as dominating American society .. "Among the many lessons of empires is one shared by virtually every empire: once the privileged few limit the rise of those from humble origins (i.e. social mobility), the empire is doomed to rising instability and collapse .. The greater the concentration of wealth and power, the lower the social mobility; the lower the social mobility, the greater the odds that the system will collapse when faced with a crisis that it would have easily handled in more egalitarian times .. The next few years will strip away the illusions of "growth" and reveal which dominates our society and economy: privilege (sludgy toxic oil) or social mobility (clean refreshing water)."
LINK HERE to the essay

1 comment:

Anonymous said...

Oh I think it is the other way round. Once the great unwashed majority get too much power capital is no longer accumulated, net alone allocated efficiently, under TrueDoish war crys of "got to even the wealth out" society goes to POT (pun intended). No one is left trying and make things better. They have either been dragged down to join the great unwashed moronic majority of or else fled to greener pastures.