Mentioned causes of the decline of Western Civilization include:
- Writings of Jean-Jacques Rousseau and Karl Marx
- US Federal Reserve and the income tax
- World War 1 and the numerous wars of the last 100 years
- US government abandoning the dollar’s last link to gold
- Stimulating demand by printing money and inflating the currency
- Focusing on finance and speculation, as opposed to production
- Making lots of laws and regulations to keep the unstable structure from collapsing
- Artificially low interest rates that discourage saving and accumulation of capital
- Debt
- consuming the capital others have saved
- mortgaging your future
- Believing that the State, or luck, or a deity will provide
- War on Cash
- Corruption of language
Mentioned causes of the rise and survival of Western Civilization include:
- Producing more than you consume and saving the difference as capital
- Capital and intellectual freedom
- Entrepreneurialism, science and technology
- Gold and silver coinage for money
- Voluntarism
- Peer pressure, social opprobrium, moral approbation, and your reputation
- Financial privacy and privacy in general
Delayed opportunities:
- Colonization of the moon and Mars
Hopes for the future:
- Kurzweil’s Singularity
http://www.caseyresearch.com/articles/doug-casey-on-the-end-of-western-civilization
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