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I agree - furthermore his argument for a standstill in politics is weak at best and not surprising, because there are always phases where the lawmakers in Washington or Westminster are not particularly productive. however that doesn't hold for much of the rest of the world.


You nailed it with "rest of the world."

The reality in the "developed" world and places like China, Brazil, and India is quite different. The U.S., Britain, etc. are experiencing widening income gaps, political and cultural stagnation, and a whole lot of pessimism and outrage about what seems to be an emerging future that looks like The Hunger Games. In America it seems that if you're not in the top 5% of ability and connections or 1% of income, the future's not for you... or at least that's the perception. I think we're in something like a second Gilded Age, and it's going to end much like the first: a wave of economic leftism and wealth redistribution. I already see the tide shifting hard in that direction.

The "developing" world inhabits a totally different reality. They're seeing narrowing income gaps, growing opportunity, and a lot of political change and uncertainty. Everyone in China thinks there's gonna be some kind of revolution at some point, for example, but nobody's sure what it will look like.




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