Both Trump and Putin are driving their countries even further into decline despite their rhetoric about returning to greatness. The future of the US is Russia.
2. How is this related to the sub
(1) The rise of extractive institutions and the fall of inclusive institutions: The US is becoming second Russia with hollowing out of manufacturing sectors, the dominance of oligarchs over democratic institutions and rampant patriotism masking utter state capture by elites.
3. My opinion
As Coupang incident shows, the US federal government no longer serve the collective interest of American people. They are not driven by geopolitical interest of the nation-state, but the boundless greed of its ruling oligarchs. Unless there is mass-mobilization against the rise of this kleptocracy, the US will deteriorate into a mafia-owned gas station masquerading as a country.
1 Comment
1. Summary
Both Trump and Putin are driving their countries even further into decline despite their rhetoric about returning to greatness. The future of the US is Russia.
2. How is this related to the sub
(1) The rise of extractive institutions and the fall of inclusive institutions: The US is becoming second Russia with hollowing out of manufacturing sectors, the dominance of oligarchs over democratic institutions and rampant patriotism masking utter state capture by elites.
3. My opinion
As Coupang incident shows, the US federal government no longer serve the collective interest of American people. They are not driven by geopolitical interest of the nation-state, but the boundless greed of its ruling oligarchs. Unless there is mass-mobilization against the rise of this kleptocracy, the US will deteriorate into a mafia-owned gas station masquerading as a country.