Recovering America from economic, legal and political disaster. Note: Links to references appear throughout the log.
Rarely has the time been more appropriate than now, to exclaim, “America may be at the peak of the disintegration phase of a nation.” Was George Santayana correct when he stated “Those who cannot remember the past are condemned to repeat it.” Possibly Santayana’s description of fanaticism as “redoubling your effort after you’ve forgotten your aim” is appropriate today.
The pivotal point for national disintegration may depend on the manner in which the current healthcare reform issue is resolved. Will America retreat from the movement towards public resolution of the issue, or pursue a commercial solution?
Many of America’s best achievements have been realized through public projects requiring massive assistance. Successes in medicine, communications, transportation and energy relied on public projects, and today they have advanced to become both public and commercial endeavors.
Have Americans, specifically economists, lawyers and politicians forgotten, or possibly they never knew, how the wealth of a nation is created, and that wealth provides opportunity and quality of life for the citizens? Many of the issues Americans face today reflect ignorance of the process and are responsible for the following:
- Failed educational systems.
- Fewer employment opportunities.
- High crime rates.
- Failing businesses.
- Failed financial institutions.
- Failed stock markets.
- Failed city governments.
- Failed state governments.
- Failed federal government.
- Failing international relations.
There is a common cause for these issues. It is amazing that the intelligence of a nation would not discuss and address the cause of failure. Possibly this is the key to the failure of all nations in history. There is no substitute for free enterprise, albeit with some limitations, be it entrepreneurship or capitalism. Government can support, but not replace free enterprise, except in a failed nation.
These issues and more are addressed in the category titled “New Rules” in the log.