The Materialist Fallacy

Other discussions not related to the Permanent Portfolio

Moderator: Global Moderator

Post Reply
User avatar
MachineGhost
Executive Member
Executive Member
Posts: 10054
Joined: Sat Nov 12, 2011 9:31 am

The Materialist Fallacy

Post by MachineGhost »

The half-century between 1912 and 1962 was a period of great wars and economic tumult but also of impressive social cohesion. Marriage rates were high. Community groups connected people across class.

In the half-century between 1962 and the present, America has become more prosperous, peaceful and fair, but the social fabric has deteriorated. Social trust has plummeted. Society has segmented. The share of Americans born out of wedlock is now at 40 percent and rising.

As early as the 1970s, three large theories had emerged to explain the weakening of the social fabric. Liberals congregated around an economically determinist theory. The loss of good working-class jobs undermined communities and led to the social deterioration.

Libertarians congregated around a government-centric theory. Great Society programs enabled people to avoid work and gave young women an incentive to have children without marrying.

Neo-conservatives had a more culturally deterministic theory. Many of them had been poor during the Depression. Economic stress had not undermined the family then. Moreover, social breakdown began in the 1960s, a time of unprecedented prosperity. They argued that the abandonment of traditional bourgeois norms led to social disruption, especially for those in fragile circumstances.


http://www.nytimes.com/2012/02/14/opini ... llacy.html
Last edited by MachineGhost on Wed Feb 15, 2012 12:22 am, edited 1 time in total.
"All generous minds have a horror of what are commonly called 'Facts'. They are the brute beasts of the intellectual domain." -- Thomas Hobbes

Disclaimer: I am not a broker, dealer, investment advisor, physician, theologian or prophet.  I should not be considered as legally permitted to render such advice!
Post Reply