The Western Way of Economic Decline

November 2012
Quadrant Magazine;Nov2012, Vol. 56 Issue 11, p28
The article discusses aspects of economic decline of Western countries. It explains some uncomfortable similarities of the eroding world domination of the U.S. and the collapse of ancient Rome and the crises faced the American nation which is shared by Europe and Australia. It also notes the faded optimism into a new form of socialism and the danger posed by democracy to the economic well-being of the West.


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