Magazine October 4, 2010, Issue

The Great U-Turn

(Roman Genn)
How demographic shifts and regulatory arbitrage turned the United States away from European socialism

Admirers and detractors of the United States agree on one point: This country is unusually resistant to the social consensus and set of structures broadly known as “social democracy” or “progressivism.” (Social democracy leans more toward state ownership, progressivism toward state regulation.) Various versions of such schemes have prevailed in Western Europe and Japan, and to a lesser degree in Britain, Canada, and Australia. The characteristics include a wider scope and role for the state, centralization of decision-making in a national bureaucracy, monopolization of power by a set of large institutions, including state-champion corporations and labor unions, and a wide

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After all those years promoting rainbows, Jesse Jackson has settled on a color he really likes: green.

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