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I fear you are right. It seems impossible for our political systems to design and implement effective policies in any domain whatever. It's very distressing. Maybe, I should crack my old copy of Legitimation Crisis.
by PIGL on Wed Jun 24th, 2009 at 10:19:04 AM EST
[ Parent ]
It's impossible for our political systems as currently captured by moneyed interests to design and implement effective* policies in any domain whatever.

* with "effective" meaning something else than "making the rich richer"

In the long run, we're all dead. John Maynard Keynes

by Jerome a Paris (etg@eurotrib.com) on Wed Jun 24th, 2009 at 10:21:43 AM EST
[ Parent ]
And nothing effective will be done until the financial class has conclusively shown that they are incapable of getting us out of this mess.  That will constitute a crisis of legitimacy.  It is, in fact, already ocuring, but this is not widely recognized as yet.

As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."
by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Wed Jun 24th, 2009 at 01:27:33 PM EST
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