kunstler herein describes some of the madness gripping 'our' society and speaks of where it leads;
How might we account for the strange melding of neuroticism and
dishonesty that has gripped America’s thinking class since the ascent of
Donald Trump as an epically reviled figurehead on our ship of state? It
all seems to come down to shame and failure.
There is, for instance, the failure of America’s leading economic
viziers to arrest the collapse of the middle class — and with it, the
disintegration of families — that more than anything produced the 2016
election result. What is a bigger emergency: the destruction of all
those towns, cities, and lives in flyover-land, or the S & P stock
index going down twenty points?
The choice made by the “experts” the past ten years is obvious: pump
the financial markets at all costs by using dishonest policy
interventions which they are smart enough to know will eventually blow
up the banking system. They did it to preserve their reputations long
enough to retire out of their jobs. The trouble is that the damage is
now so extreme that when the time comes for them to apologize it will
not be enough. They will lose their freedom and perhaps their heads.
The neuroticism and dishonesty is exactly what turned two of this
country’s most sacred and noble endeavors, higher education and
medicine, into disgraceful rackets. Sunday night, CBS 60 Minutes
covered both bases in their lead story about how the NYU medical school
recently declared its program tuition-free. This great triumph was due
to an enormous cash gift from one of the founders of the Home Depot
company, billionaire Ken Langone. Nowhere in the broadcast did CBS raise
the question as to how the cost of a degree became so outrageous in the
first place. Or how Mr. Langone made his fortune by putting every local
hardware store in America out of business, which enabled him to capture
the annual incomes of ten thousand small business owners and their
employees. NYU’s grand gesture is just a way to paper over the shame of
the University executives’ role in the college loan racket that may
destroy countless lives.........https://kunstler.com/clusterfuck-nation/the-curse-of-the-thinking-class/
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