Home | Business News | Browse by Publication | S | Synthesis/Regeneration

A country awash in money but going broke.

Publication: Synthesis/Regeneration
Publication Date: 22-MAR-09 		Format: Online
Delivery: Immediate Online Access
Full Article Title: A country awash in money but going broke.(Collapse of Capitalism?)(United States economy)(Viewpoint essay)

Article Excerpt
There is plenty of money in this country. Most of it just happens to be held by a very few people.

Those who know history are aware that an extreme imbalance in the possession of goods and power will at some breaking point result in the unraveling of the social fabric. Such unraveling is seldom a pretty sight. It's best to be "out of town" when it occurs. The late 18th century French Revolution and the early 20th century Russian Revolution are two stark examples of wide discrepancies of wealth and power that resulted in disintegration of the old order. Sometimes the unraveling can be contained, as in the American Revolution, during which the powerful English king was made the object of contempt, and being for away and untouchable, the revolution proceeded with relatively little excess and instability.

The problem with predicting such break points in history is an intractable one, especially when one lives in the midst of it. However, the current situation in the US is cause for at least a measure of concern. Vast amounts of wealth and...

View this article FREE - Now for a Limited Time, try Goliath Business News
Free for 3 Days!



More articles from Synthesis/Regeneration
Getting catastrophe down to a science.(Thinking Politically)(Gaza stri..., March 22, 2009
Honduran workers' union under attack.(Collapse of Capitalism?)(Worker ..., March 22, 2009
Belem ecosocialist declaration.(Collapse of Capitalism?), March 22, 2009
ToxCat.(Collapse of Capitalism?), March 22, 2009
The coming capitalist consensus.(Collapse of Capitalism?)(Essay), March 22, 2009

Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.