Tuesday, February 21, 2017

This Century Is Broken



David Brooks FEB. 21, 2017

Most of us came of age in the last half of the 20th century and had our perceptions of “normal” formed in that era. It was, all things considered, an unusually happy period. No world wars, no Great Depressions, fewer civil wars, fewer plagues.

It’s looking like we’re not going to get to enjoy one of those times again. The 21st century is looking much nastier and bumpier: rising ethnic nationalism, falling faith in democracy, a dissolving world order.

At the bottom of all this, perhaps, is declining economic growth. As Nicholas Eberstadt points out in his powerful essay “Our Miserable 21st Century,” in the current issue of Commentary, between 1948 and 2000 the U.S. economy grew at a per-capita rate of about 2.3 percent a year.

But then around 2000, something shifted.
Read more at:

https://www.nytimes.com/2017/02/21/opinion/this-century-is-broken.html?action=click&pgtype=Homepage&clickSource=story-heading&module=opinion-c-col-right-region&region=opinion-c-col-right-region&WT.nav=opinion-c-col-right-region&_r=0

No comments:

Post a Comment