America 3.0: The Coming Reinvention of America, by James C. Bennett and Michael J. Lotus

This article is a summary of our book America 3.0. It appeared in The American: The Online Magazine of the The American Enterprise Institute.

[T]he political and economic model we now live under cannot go on forever. Some shock may force reform. Let us hope disaster doesn’t strike before we can replace and rebuild our current rickety system. The best course would be for the American people to find the will and the leadership to build something better.
 
We will get through the painful transition to a new economic and technological age, as we have done before. And the bedrock of our freedom-loving and hard-working culture will remain, evolving but continuous, as it has for over a thousand years

Thank you to AEI for publishing this piece.

“THE DANGER OF BALANCING THE BUDGET”

Henry Meers:

House Republicans have to learn and proclaim the basics of money and taxes because balancing the budget could be a disaster for the economy as even more money is pulled out of the productive economy to pay for their past sins. The best example of how to get out of debt remains what England did after Waterloo and the massive debt of the Napoleonic War. Parliament dumped the income tax immediately, returned to sound money in 1821 and went to free trade later. The economy exploded and led to a century of prosperity like none seen before. They didn’t pay off their wartime debts, a huge sum for the time, they froze it and paid interest. As time went by, that once inconceivable mountain of debt shrank to insignificance in the shadow of the world’s most powerful economy.

He gets it. Economic growth is the solution to most of our problems. Growth requires investment capital. The less investment capital that gets diverted from the private sector into unproductive govt spending and misguided debt paydowns, the more growth there will be.

Read the whole thing.

(Via Lex.)

Catholic Citizens of Illinois to Host Michael Lotus, co-author of “America 3.0”

I will be speaking to Catholic Citizens of Illinois on October 11, 2013, at 11:45 a.m. at the Union League Club, 65 W. Jackson Blvd., Chicago.

Tickets are $35.00. Business attire. Reservations required.

Call Maureen at 708-352-5834 to make a reservation.

Those who have not read the book yet can get one here. Bring it with you to the event for an autograph!

This will be a nice event. I expect to provide a “Catholic angle” on the book, especially our findings regarding the Absolute Nuclear Family in the United States and in the Anglosphere, past present and future.

Illinois Will End up Like Detroit if It Does Not Change Course

Detroit was once the greatest city of the modern world. Automobiles were the cutting edge of technology in the first half of the twentieth century. Talent and genius flocked to Detroit. Innovators in engineering, technology, design, finance, marketing, and management created a concentration of economic dynamism and creativity unlike anything the world had yet seen. Detroit was the Silicon Valley of its day, except its products were made of tangible metal, rubber, and glass. The auto industry transformed America into a land of mobility and personal freedom beyond the dreams of earlier generations. Henry Ford said, “History is bunk.” He meant the old limits could be blown away, and ordinary people could have a better life than they had ever dreamed of before.

(The rest is here.)

The Moral Pendulum, The Political Pendulum: Upswings Happen

One of the things we mention in America 3.0 “that distinctively conservative type of pessimism that seems almost to enjoy the prospect of an apocalyptic end to all that is good and true in the world,” and the “doom and gloom” purveyed by many Conservative and even Libertarian thinkers.

We are brash enough to claim that we know better, and that there is a hopeful future for America. The quote at the beginning of our book has many meanings:

Nobody knows
what kind of trouble we’re in.
Nobody seems to think
it all might happen again.

Gram Parsons
“One Hundred Years From Now” (1968)

One meaning is that the authors of America 3.0 have some idea of what kind of trouble we’re in. We also have reason to think “it all might happen again,” meaning that America will reinvent itself and have a new age of freedom and prosperity.

This is especially true of my friends who are religious or cultural conservatives. All too often, they seem to believe that the United States is doomed, and deserves to be. This is odd for people who are religious, and who should know that God’s capacity to intervene in history is no less than it has ever been.

As we have been speaking about the book in the few weeks since it was published, we have found that people want to have hope. They say things like, “oh, God, I hope you are right.” Others are almost offended, demanding that we admit that the country is finished, and that we are mental cripples for thinking otherwise. If the American story is going to have great new chapters, but we have to make them happen, no one can sink into a warm bath of despair and slip beneath the surface, gurgling “I told you so!” Everyone is going to have to get ready to live through “interesting times,” in the Chinese sense, and participate in a contentious and difficult new Founding Era. If you are already tired, that seems like a lot to ask! But time waits for no one, we don’t get to pick which decades we will live in, and God Almighty knows better than we do what we are capable of and what should be demanded of us!

Many people seem to be in the grip of the historical fallacy that the future can be predicted by making straight-line predictions based on existing trends. But this is wrong. There are trends, which provoke counter-trends. There are movements that provoke resistance and reversal. There are declines that provoke reconstruction.

In particular, the moral tenor of society, which we do not say much about in the book, can change, and will change.

Moral reforms and deteriorations are moved by large forces, and they are mostly caused by reactions from the habits of a preceding period. Backwards and forwards swings the great pendulum, and its alterations are not determined by a few distinguished folk clinging to the end of it.

Sir Charles Petrie, The Victorians
Epigraph from The Diamond Age: Or, A Young Lady’s Illustrated Primer by Neal Stephenson

The Diamond Age is a major influence on America 3.0. In it, among its many riches, is a depiction of a society that arises on the wreckage of our current world.

The restoration of America, at every level, is up to us. Economics and politics, the focus of our book, are hard. Moral and spiritual restoration, which are beyond the ambit of our book, are even harder.

But remember: If something can’t go on, it won’t.

Be happy. And look for opportunities to get to work on building America 3.0.