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US – A graphic picture of decline

New book charts economic, social and political decay of America

 

“No one can say when the unwinding began – when the coil that held Americans together in its secure and  sometimes stifling grip first gave way. Like any great change, the unwinding began at countless times, in  countless ways – and at some moment the country, always the same country, crossed a line of history and  became irretrievably different”.

So begins George Packer in this tremendous book, The Unwinding, which paints a devastating picture of US  capitalism in decline. Similar to Packer, Karl Marx described the collapse of the Spanish Empire as a “slow and  inglorious decay”. The difference is that Spain’s decline took place over centuries, whereas the astonishing  collapse of the US – still, nevertheless, the strongest capitalist power on the planet – has been compressed  into 50 or 60 years!