Remember the Gilded Age

[studiesinlight]

[No boom and bust] was greater than the financial crisis that began in September 1873 with the collapse of Jay Cooke & Co., the nation’s premier investment bank [which] launched the first economic crisis of the Industrial Age. ... In the face of economic calamity and skyrocketing unemployment, the government did, well, nothing

Comments

[wiliqueen]

I've always considered enlightened self-interest to be the most effective rhetorical approach for these situations. Unfortunately, that breaks down when dealing with people whose self-interest is too myopic to be enlightened. I don't know where we go from there.