The United States in a debt binge – role model for the rest of the world?

Dear Mr. Lingens /Austrian Author and economist/, I don’t know if you are doing well to sing the praises of the beauty of debt while comparing little Austria with the big US. Remember, since about the 1990s, not only the whole world, but also many Americans are beginning to talk about the decline of their country (and the most clear-sighted observers of the U.S. are still to be found in the US themselves). Continue reading The United States in a debt binge – role model for the rest of the world?

Future – God’s eighth Day of Creation?

When studying and trying to understand the past, we always do so in order to cope with the present and be better equipped for the future – that’s a truism. But our endeavors become difficult when the past provides us with contradictory signals so that the future turns into mystery. Then it can happen that our certainties waver and we look for completely new orientations and even concepts. Continue reading Future – God’s eighth Day of Creation?

The Demise of American Democracy

When the highest representatives of a community are eager to throw mud at each other. When arguments merely serve as a façade to convey anger, mockery or contempt, then history has just turned a corner. One period has come to an end, a new one begins. Since September 29, 2020 we know that in the United States of America democracy is undergoing a process of rapid disintegration – it is being torn apart by diverging forces.

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Difficult truth – cheap lies

In times of the Internet, historical memory shrinks. Who remembers today that for almost half a century the United States of America represented the realm of enlightenment, truth and progress, while the other side of the Iron Curtain was ruled by arbitrariness, gulags and politically decreed lies? This contrast was inflated by mutual propaganda, certainly, but forced labor camps and those millions of people Stalin had sent to their deaths were bitter reality. There was so little doubt concerning this gruesome past that Solzhenitsyn’s accusations were read worldwide, that is even in Russia. When Gorbachev finally dared to say the truth, the collapse of the regime was inevitable.

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Adam Tooze – An experts’s review of ten years of global economic crisis

Recently (on 14 August) I had the good fortune to follow an interview with the British historian Adam Tooze on Austrian Radio. I was so impressed that I immediately took to reading his book “Crashed. How a Decade of Financial Crises Changed the World” (Allen Lane 2018) ) – and so an important work finally reached me with a two-year delay. These are my comments:

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The snow of yesterday is today’s Deluge – Remarks on an amazing book by Daniela Dahn

There are books – and, alas, they make up the vast majority – that one skims over because they offer nothing more than facts that we barely take note of. There are others where each sentence acquires importance because it expresses an attitude, a person’s relationship to the world, and therefore urges the reader to take a stand. I was recently allowed to read one such book, its author is Daniela Dahn. She writes about the injustice that Germany’s Western half has done to the citizens of the East, calling on the West to reflect on its failures. What so much pleases me about this book – even though its theses are anything but pleasant – is its honesty. In times of generalized dishonesty, where arguments mostly serve as weapons in the struggle of parties, this is a refreshing book. Let us listen to the author’s own words.

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Is Democracy still alive?

We are used to measuring this form of government above all by the degree of freedom that a government grants its citizens. Viewed from this perspective, the picture is as bright as it is gloomy. No one prevents me from expressing even the most absurd opinions. I may even call publicly for the overthrow of the government, provided that this is done without insulting specific individuals and without denouncing the democratic constitution as such. Continue reading Is Democracy still alive?

Strong Men, Weak Peoples – the Uncertain Future of Democracy

A critical reviewer would probably have to accompany this essay in the manner of Wikipedia: “additional evidence required”. Nevertheless, I dare to publish it, because I fear that there will never be enough evidence on this topic – but instead lots of different opinions. What I may offer the reader are mere impressions, everyone may supplement them in his own way and with his – hopefully better – knowledge. Continue reading Strong Men, Weak Peoples – the Uncertain Future of Democracy

Vivat America! (Nevertheless)

The call may sound rather strange. America? Isn’t that the country where a populist president divides his own countrymen like no one before him sowing the seeds of mistrust even in up to then friendly and allied nations? Continue reading Vivat America! (Nevertheless)

The hand on the trigger: How an American president wantonly prepares the next war

The great world powers slipped into World War I without really wanting it. But they had been arming themselves for years, so all that was needed was but a spark – such as the assassination of the Austrian heir to the throne – to detonate a powder keg filled to the rim. Continue reading The hand on the trigger: How an American president wantonly prepares the next war