Saturday, February 5, 2011

Recommended Reading

Over at The Reaction there is a thoughtful post about the Economic Causes of the Egyptian Revolt.  I recommend you read it.  If you don't have time at least read the conclusion.

Worsening inequality, impunity for those at the top, reduced investment leading to high unemployment: a multi-party democracy in which a governing majority is persistently unresponsive to public opinion is functionally similar to a one-party state. And prone to similar expressions of dissatisfaction.

Does this sound like anyplace we know?  Is there a message there for us? 

1 comment:

John said...

It is indeed a thoughtful and insightful post, and a chilling one. I listen fairly regularly to the BBC, and several of their economic analysts have made similar points.

The "let's get ours now, and make sure you never get any" crowd, both in Washington and in Des Moines, would do well to take note.