In response to:

The Upside of the Downside

johninohio Wrote: Jun 06, 2012 11:46 PM
Nowhere did Goldberg use the words 'moral collapse' or 'economic collapse'. He was talking about cycles of economic 'decline' and the corrective effect they have on the public's political views and their economic prorities. If we did have an economic collapse then you would likely be correct. When people are homeless and starving, they lose faith in the system they had been living under. In that case, Goldberg would probably agree with you.

One of my heroes, Irving Kristol, used to say that there's nothing wrong with the country a bad recession couldn't fix.

Kristol (father of the more famous Bill, by the way) wasn't hoping for a recession, he was merely making the point that so many of the problems with our culture, both popular and political, were the sorts of challenges that come with affluence.

Wealth makes it easier to abandon the old customs, rituals and habits of the heart that generated the wealth in the first place.

For instance, I always love reading about irresolute rich families that...