There’s no doubt that the United States is in a period of transition. But from what to what else? Through the last 16 years the economy has been tough on everyone – except the very wealthy. The most recent few years have been a time of terrible social upheaval. Pessimism is understandable.
Yet if we look back through history there is a lot of good reason to believe that everything does move in cycles. Business cycles which seem permanent eventually give way to better opportunity. Social upheaval does usually reach a consensus and progress is made.
Hope comes naturally by taking the Barataria view that cycles are real and that the economy is really nothing more than a social arrangement. Sure, it’s the dismal one with all the numbers and the brutal one that defines rich and poor. But at the heart it is only about turning our personal “values” into a socially convertible “value”. How it changes through generations and lifetimes defines us even as we define what this thing called an “economy” really is.
This essay is a continuation of the previous piece, Spring is Coming! as a cycle on my personal political philosophy and read of history.