A Superpower in Decline: Is the American Dream Over?
I struggle with what to add here – perhaps some warnings that these ‘decline of empire’ pieces are becoming as generic as the Detroit ruin porn that prefigured them by a couple years. The authors have clearly been reading their Matt Taibbi, too. But nonetheless the piece effectively crystallizes a number of saddening trends, and signifies that in the world’s eye, the US is transitioning from capitalism’s hero a mere decade ago to its greatest victim.