The End of Civilization As We Know It.

Economist Northrup Buechner writes:

We may be seeing the beginning of the end of the model for civilized governance that has dominated Western civilization since WWII. That model has been provision by the state of all or most of the needs of its people combined with the popular election of the government. Or, in other words, the welfare state plus democracy.

 

What we are seeing in Europe is that that model is inherently unsustainable…

It’s a good summary of why the West is in trouble. Check it out here:  Current Events: The End of Civilization As We Know It | Objective Economics.

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