Walmart

TorgoX on 2004-08-10T20:45:23

Dear Log,

«Since our economy at any given moment consists of sixty million people driving to Walmart to buy stuff made by people 12,000 miles away, on credit (that is, the expectation that they will have money in the future) the markets have reason to worry. Not since the days of the late Roman empire has there been a national economy based so little on true economic exchange of real value. They had the coliseum. We have Las Vegas and reality television.»

--"The Clusterfuck Nation Chronicle: Commentary on the Flux of Events"

Note to self: Just don't lose the topsoil.


That's mostly the thesis of

rafael on 2004-08-11T06:23:17

Emmanuel Todd, After the Empire: The Breakdown of the American Order.