University of Chicago economist Luigi Zingales on Crony Capitalism
http://www.nytimes.com/2016/02/23/opinion/campaign-stops/donald-trump-crony-capitalist.html
An insightful piece from British journalist and political commentator Simon Heffer –
http://www.nytimes.com/2016/02/23/opinion/campaign-stops/donald-trump-crony-capitalist.html
An insightful piece from British journalist and political commentator Simon Heffer –
The American Berserk:
http://www.newstatesman.com/politics/elections/2016/03/american-berserk
“Automation threw
millions of Americans out of manufacturing and into service industries, if they
went into any work at all. The education system fails many of them. With 70 per
cent still not holding a passport, their country remains one that understands
less about the world than it ought, and learns few lessons from the rest of it.
There are pockets of sweetness and light, yet much of America appears to be in
a dark and recriminatory cul-de-sac. It sounded ridiculous for Hillary Clinton,
on Super Tuesday, to call again for more “love and kindness” in America, but
she had a point. It seems more the inclination of many Americans to look first
for their enemies rather than their friends.
An American friend
talked to me of his country having some sort of collective nervous breakdown.
It is tempting to cite that to explain the rise of Donald Trump, but it would
be wrong. Many Americans who would like him to win know exactly what they are
doing, as do others who, in a different way, wish to break the system by
choosing Bernie Sanders. There is a widespread view that the usual solutions
will not suffice to put America back on track, and that without some degree of
desperate measures the decline of America will become even steeper. The greatest
fear of all seems to be fear of the future.”
Related:
Trump: The Great
Orange-Haired Unintended Consequence by Marilynne Robinson (Pulitzer Prize
winning American novelist) on the Trump Phenomenon (insightful analysis for the
intelligent reader):
“Trump and the
others are the product of the souring of the party system. Someone should point
out, in these days when the constitution is so constantly and pietistically
invoked, that political parties are not mentioned in the constitution, and that
the prescient founders warned emphatically against them for reasons that should
be clear to us now.”