This is the politics of decline and collapse.

The unspoken assumption of the modern era is that politics can fix whatever is broken: whatever is broken in society or the economy can be fixed by some political policy or political process– becoming more inclusionary, seeking non-partisan middle ground, etc.

What if this assumption is flat-out wrong? What is politics is incapable of fixing what’s broken? What if politics merely fosters an illusion of solutions, a paper-thin veneer of faux progress? What if politics isn’t a tool that’s capable of fixing what’s broken? What if all politics is able to do is generate delusions of grandeur and unresolvable conflicts? What if politics is ultimately little more than a fatal distraction?

This is of course heresy of the highest order, for a belief in the supremacy of politics is the secular religion of our era. The orthodoxy is: there is no problem that can’t be solved with a political policy: a tax cut, a new tax, a new incentive, a broader definition of criminality, and so on. Get a Job, Build a Rea... Smith, Charles Hugh Buy New $6.95 (as of 04:50 UTC - Details)

What if the status quo is failing for reasons that are beyond the reach of politics? Politics assumes that tweaking incentives and disincentives via rewards and punishments, centralizing control of assets and income streams and manipulating the issuance of currency and interest rates can fix any and every problem.

The limits of politics are the limits of government. In the present era, all government seeks to further centralize power and capital because the era’s quasi-religious belief is that centralization is the solution to everything.

This is of course false. Centralization works until it becomes the problem, at which point further centralization of power and capital only speeds system-wide failure. Money and Work Unchained Charles Hugh Smith Best Price: $11.00 Buy New $1.99 (as of 10:55 UTC - Details)

Government can force certain things but it can’t force everything. Government can encourage borrowing but it can’t force its citizens to borrow. Government can force the expansion of currency, but it can’t force the valuation of that currency.

Government can mandate this and that, but it can’t force a negative return on investment (ROI) to magically become positive. Government can prohibit and tax and force outward compliance, but it can’t force people to agree with policies that run counter to their beliefs.

Government can’t rescue a status quo which is failing due to negative return on investment (ROI), gross inefficiencies, the loss of trust in corrupt institutions , and all the other ills that are intrinsic to centralization of power and capital.

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