Capitalism (at least the utopian pure type) is non-democratic. The market is supposed to replace the ability to vote. Perhaps this might work in a perfect world, but what we have seen over the past 300 years is that the capitalists subvert the democratic political institutions thought their use of money to buy politicians.
So what we have in practice is industrial policy being made non-democratically, the same as in the USSR. It is just taking a bit longer for the US (and EU) to collapse, that's all.
Discuss... Policies not Politics ---- Daily Landscape
But the ultimate reason it collapsed, when it did, was because it was forced in the 2nd cold war to spend far more on guns, to the detriment of butter, than it could afford, because let's face it, the economic might of the ussr was no match for that of the us (and this not being the fault of economic system - remember the development gap already was there at the time of the overthrow of the tsar, and then it's a fact that Russia was far more impacts, economic, demographically, by a certain war in the late '30's and early '40's).
This over emphasis on keeping up with the us in the arms race created all sorts of economic distortions and ultimately led to the conditions which resulted in the (not entirely inevitably imo) collapse. But then, the militarism was abandoned, and this is a good thing, and now, the us is the last country to be fully militarised.
The collapse will be because of that. Which is why the eu will not. "C'est un scandale !"
http://www.energybulletin.net/node/23259
http://www.amazon.com/Reinventing-Collapse-Example-American-Prospects/dp/0865716064 Policies not Politics ---- Daily Landscape
The routine act of linking to Dmitry Orlov's "Closing the Collapse Gap" slideshow on ET when the subject of the fall of the USSR arises.
[Dmitry Orlov's Collapse Gap TechnologyTM] "This is nothing compared to how Putin rigged Eurovision."
(as in a reflexive response, that is) The difference between theory and practise in practise ...
Nice to "see" you here! "This is nothing compared to how Putin rigged Eurovision."
- Jake Ceterum censeo Chicago esse delendam
For example, every office building in NYC now has one or more guards, a CCTV system and who knows what else to monitor those going in and out.
When I worked in Manhattan you walked into the building, looked up your party on the wall listing and took the elevator. Nothing untoward happened.
Then there are all the concrete bunkers placed in front of building to prevent enemy tanks (I guess) from crashing through the front door - how much do they cost?
How about the armed soldiers in the train stations and the cops doing random bag checks of law abiding citizens taking the subway. Who is paying their salaries? (Oh, I forgot, we are.)
Shall I go on: Homeland Security, 15 spy agencies (that we know of), Total Information Awareness, the "green zone" at how many billions.
Police states are inefficient as you indicate, but not just because of the useless labor being expended (exactly what do hedge fund managers contribute to productivity), but because a cowed populace is unproductive and lacks entrepreneurial spirit.
Frightened leaders make for a frightened populace and there are none more scared than those who have been demolishing the US constitution. Policies not Politics ---- Daily Landscape
Uh, China.
The USSR wasn't helped by a complete lack of competitive industries outside of its military hardware, leading to an over-reliance on commodity exports and their (then) tendency to fluctuate wildly in value.
Redstar recently claimed that the US also lacks competitive industries outside of the military, although he's at least half wrong (it along with the vampiric financial sector does create a massive talent drain from the point of view of productive industries).
you are the media you consume.
One cause was: military adventures are ruinously expensive.
One cause was: They pretend to pay us and we pretend to work.
One cause was: Top/Down command structures mandating and enforcing rotten decisions.
and there were others.
Needless to say, these same causes are prevalent in the US, today. Och nu den svenska kocken bakar en Alaskan älg jägare. Bonk! Bonk! Bonk!
One cause of Inept Communication is the communicator's inability to use proper English Grammar. Och nu den svenska kocken bakar en Alaskan älg jägare. Bonk! Bonk! Bonk!
(One of the few sentences in the English language that allow one to give a different regional accent inflection to each word) You can't be me, I'm taken
