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A new study of U.S. public opinion shows a common path forward for the country based on national economic development and a more cooperative politics.
American membership in houses of worship has plummeted to below 50% for the first time in eight decades of Gallup polling, from 70% in 1999 to 47% in 2020. And that shift away from organized religion has dovetailed with the rise of an intense form of partisan politics that some see as quasi-religious – providing adherents with a sense of devotion, belonging, and moral certitude. From MAGA devotees on the right to social justice warriors on the “woke left,” political activism that can feel “absolute” in a religious way is rampant. Especially among young people, “if your candida...
For many Americans, politics has become imbued with a religious fervor – while at the same time, participation in organized religion has plummeted.
By Michael Hudson An early Kissinger, Machiavelli presented the amoral choices of realpolitk to his masters. "Financialized industrial capital wants a strong state to serve itself, but not to serve labor, consumers, the environment or long-term social progress at the cost of eroding profits and rents... Nearly half a millennium ago Niccolo Machiavelli’s The Prince described three options for how a conquering power might treat states that it defeated in war but that “have been accustomed to live under their own laws and in freedom: … the first is to ruin them, the next is to reside ther...
Yves here. Michael Hudson said he both enjoyed and very much appreciated the robust discussion among members of the commentariat last weekend about what to call China’s economic model. He’s keen to continue the discussion. To advance that end, Michael has graciously given us a lecture being subtitled in Chinese for release in a few weeks. It summarizes a series of talks and will also be included in his my book to be published later this summer, “The Destiny of Civilization: Industrial Capitalism, Finance Capitalism or Socialism.” As you can see, Michael focuses on finacialization as a...