Thursday, April 29, 2010

How?

clipped from esr.ibiblio.org

A few moments ago, I read a review of a new book, Uncivil Society: 1989 and the Implosion of the Communist Establishment, and the following sentences jumped out at me:


This is less a story of dissidents, so-called civil society, than of the bankruptcy of a ruling class–communism’s establishment, or “uncivil society.” The Communists borrowed from the West like drunken sailors to buy mass consumer goods, then were unable to pay back the hard-currency debts and so borrowed even more. In Eastern Europe, communism came to resemble a Ponzi scheme, one whose implosion carries enduring lessons.


I found myself wondering “And this differs from our political class…how?”

Olson developed the thesis that democratic politics must more or less inevitably degenerate into a mad scramble among interest groups seeking to corner ever-higher rents from their ability to swing votes