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The Book of the Week is “Evil Geniuses, The Unmaking of America, A Recent History” by Kurt Andersen, published in 2020. In this large, redundant volume, the author described how wealth inequality in the United States has been increasing at an alarming rate in the last forty years, as evil geniuses– economic royalists and self-made empire-builders (who take advantage of existing resources and infrastructure)– have rigged the system to compound their spoils and re-distribute it among themselves in a self-serving cycle.
Lots of research has shown that financial inequality in society actually hinders economic growth in developed nations. In connection therewith, in 2014, the OECD conducted a United States study that showed a 20% slowdown in economic growth since the 1980’s.
The author argued that the year 1980 was the turning point at which America’s hegemony started to decline. Both the Republic and Democratic parties’ elitists (other evil geniuses in addition to the above-mentioned) actually hurt America’s ability to remain economically dominant in the world. They brainwashed a significant number of ordinary Americans into:
- believing that government is the enemy;
- agreeing to tax cuts for the rich (also called “trickle down” economics);
- favoring excessive deregulation; and
- bashing unions
because such actions would make everyone wealthy!
The author cited ample evidence that the above actions do NOT make everyone wealthy.
The author contended that conservative Republican 1964 presidential candidate Barry Goldwater paved the way for Ronald Reagan’s wrong-headed economic agenda (described above).
Politics cannot be divorced from economics. This is a simple idea that has been hardly ever EXPLICITLY SAID in historical, political and economic literature read by ordinary Americans, through centuries. The author calls this the “political economy” and former president Bill Clinton had the line, “It’s the economy, stupid.”
Politics involves the making, monitoring, changing, and enforcing of society’s laws. The evil geniuses in the legal field who helped perpetrate the insidious brainwashing of the American masses, actually conveyed the following attitude in writing and speaking:
“So if you happen to think it’s a good idea for judicial decisions to also consider fairness or moral justice, or other values or versions of social happiness that can’t be reduced to simple metrics of efficiency,
Law and Economics [a body of legal theory from Robert Bork and his fellow Chicago School libertarians] says you’re a fool.”
That is how the 1980’s saw the American legal system start to focus on efficiency– favoring profiteers. The author argued that old men who are resistant to change are the conspirators of the current state of affairs. Well, SOMEone’s got to be oppressed.
Another indication that Americans’ attitude was becoming even more inclined toward rule-breaking greed and showing off wealth, could be heard in a 1980’s SUV TV commercial, which featured a visual of a white, 40ish male driving. The voice-over says, “It doesn’t just say you’ve arrived; it says you got there any way you darn well pleased.”
The author cited evidence that taxing the rich would be the largest factor in more evenly distributing wealth. The first Trump administration passed a tax cut for the rich that gave rise to the “…largest percentage reduction in tax revenues of any developed country on earth.” This was BEFORE COVID. And “…the federal debt increased by $1.5 trillion more than it had in Obama’s final three years.”
Nonetheless, the most hurtful president ever was George W. Bush, whose unconscionable greed and unmitigated hubris led to the crashing of the American economy and the commencement of two wars that enriched him and his cronies.
LBJ and Nixon were two other war-criminal presidents. Their war policies, too, wasted an excessive amount of taxpayer dollars on needless deaths and ruined lives. At the same time, they tried not to foul their own nest. They attempted to maintain this country’s economic dominance in the world, and salve their own consciences by funding domestic social programs. LBJ did some profiteering, but not nearly as much as Trump.
Trump is an angry, vengeful old president who, at the end of his career, is hurting not only his own political party, but also ordinary Americans. His excessive financial criminality has incalculably hurt society as a whole.
In 2018, Trump said NAFTA was the “worst trade deal ever made.” But in 2025, after all his bluster, the trade deals he’s going to make with Mexico and Canada, are going to be largely similar to NAFTA’s, all over again! And through his spokespeople who draft the words spoken by his deepfake image, he will take full credit for “great, great trade deals.”
His threats are causing a panic that certain sectors of the American economy will crash. Even the threat of a soft economy will deter some illegal immigrants from coming to this country. Given financial cycles, it is likely that some people will be hurting financially in the next few years. Trump is using a scorched earth strategy on his way out of office in order to be able to brag that HE reduced the number of illegal immigrants who are coming here. He will brainwash his base into believing that the economic downturn was all Biden’s fault!
Anyway, the author also commented that the internet changed American culture in accelerating the automation of the exchange of information, obsolescing a humungous number of jobs. Machine-learning is also making the job situation even worse. It could be said that the internet is the “new television” for the Millennial and Z Generations. However, there are major differences in the ways television changed American culture, and the ways the internet has changed it.
Television was a passive entertainment / infotainment / education source that, for most Americans, was consumed at home only, in one’s leisure time; perhaps on average, most students and workers (there were many more of those then than now) watched three to four hours a day, at no extra charge (except for electricity)– for the lifespan of the set. Then came recording of shows, but also cable TV– whose costs are many times higher for shows and sports games that used to be free.
The internet is an interactive source, and can be accessed globally, 24/7. So the younger generations are wasting so, so, so much more time obsessing over politics, than did the older generations. People have been bamboozled into paying big bucks to purchase electronic toys on which to subscribe to the internet, for which they have to pay even more!
So the amounts of time and money most Americans are spending on the internet are infinitely higher than that of television (and movies, and reading books, magazines, and newspapers). The early years of the internet (up to the single-digit 2000’s) brought emotional comfort to Americans. They flocked to websites that featured relatable, entertaining user-contributions with few or no ads that interrupted their viewing pleasure.
Once the entrepreneurial dot-commers mastered monetization and propagandizing, users became victims of their mind-control techniques. Arguably, the cultural transition from television to the internet has been economically and psychologically regressive for most Americans.
Anyway, read the book to learn much more about the depressing developments in politics, economics and culture that will eventually lead to the collapse of American civilization.