The Hobson's Choice blog argues that America is heading towards what he calls a "Falangist" state. This is the kind of government often seen in Latin America or Africa in the 20th Century. Falangism does not regiment society like fascism. It's a loose coalition of business, religious, and government elites, all of them corrupt and often working at cross-purposes.
Falangist regimes usually have grandiose rhetoric, but
unlike fascist states their main enemy is their own breathtaking mediocrity.
Simon Johnson, formerly of the IMF, argues the USA has problems similar to an emerging market in crisis, because the government is unable or unwilling to get tough on its elites, particularly finance.
However, we've never seen a state like this that has the wealth, power, and technology of the USA. Americans are inventive people and I have no doubt we will be adding another -ist word to our vocabulary after all of this is done.
Falangist regimes usually have grandiose rhetoric, but unlike fascist states their main enemy is their own breathtaking mediocrity.
--http://www.jamesrmaclean.com/archives/archive_fascism_falang...
Simon Johnson, formerly of the IMF, argues the USA has problems similar to an emerging market in crisis, because the government is unable or unwilling to get tough on its elites, particularly finance.
http://www.theatlantic.com/magazine/archive/2009/05/the-quie...
However, we've never seen a state like this that has the wealth, power, and technology of the USA. Americans are inventive people and I have no doubt we will be adding another -ist word to our vocabulary after all of this is done.