Wednesday, May 18, 2011

The Strengths and Weaknesses of American Exceptionalism

This is an excellent piece on the need for a transformational shift of the American model to reverse stagnant wages and the debilitating income inequality levels that have made the US a country defined by high and longterm unemployment, poverty, inequality and debt.
"But there is no such conservative openness to economic management and social reform in the contemporary United States. On the contrary, the current Republican Party debate is truly exceptional, characterized as it is by an internationally-unique rigidity of dogma, ignorance of foreign practices, and barely-disguised contempt for foreign models. Nativism, intellectual bankruptcy and self-delusion go hand-in-hand in what passes for intelligent economic discourse in right-wing circles in America these days. The danger is that their folly might yet rub off on the rest of us."
http://www.huffingtonpost.com/david-coates/american-exceptionalism_b_855812.html

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