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| quote: | Originally posted by Lebezniatnikov
What does failure look like? Don't you first need to define success? |
It would probably be massive economic stagnation, the loss of wealth, a substantial decrease in living standars and a loss of national political power. Then there would probably be a lot of unemployment, tons of debt, and institutions that begin to be unable to meet thier obligations (California / GM)
Chompsky argues that the US is already a failed state, others might as well. (in 'Failed States', the one Chavez held up at the UN)
Joseph Tainter makes an important distinction in his book 'The collapse of complex societies' where he points out that there is a difference between a collapse and a decline. Rome declined; it lost pre-eminance, complexity, population, and influence over a period measured in hundreds of years. The viking collony on Greenland collapsed; it disapeared in a matter of a single generation.
Jarred Diamons book 'Collapse' offers some decent insight but it's long winded imo. I don't have his arguments in memory right now but the book is in my stack to include in my upcomming writing.
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