Sunday, 9 August , 2020

Occupy Wall Street

The Contemporary Crisis of the American Ideology

The ideas that justified the American economic and political system in the minds of most of our citizens throughout that long period came under stress during earlier storms—from the 1950s to the 1970s in particular—and a few beams and joists cracked but did not give way. Today the manifold crises of capitalism mean that the entire existing intellectual structure of American capitalism is breaking up.