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Lofgen does a great job surveying and tying together the mutually dependent rent extraction machine of our institutions. He tends to overstate the national security angle (his specialty) and understate the health care system which on a daily basis causes us more financial hardship and is a bigger existential threat to our solvency. But overall a very helpful guide to why the most wealthy country is currently managing itself so poorly.
5 of 6 people found this review helpful
His profound misunderstanding of capitalism drags this book down. He seems to blame deregulation and libertarian ideas for all of our present ills. He will argue that the deep state is too influential and powerful, and therefore we need Congress and the Supreme Court to be more powerful to reign them in. But Congress is already one of the greatest facilitators of the Deep State. He also seems to think that all power Democrats would be good for the country, but all powerful Republicans would destroy us. Isn't the real problem that any government entity is all powerful??
Also, his failure to address the Federal Reserve's role in the rise of the military industrial complex shows a very shallow level of research....
If the problem is an uncontrollable government with ultimate power, making congress the uncontrollable power instead of the executive branch is not the solution.
It's such a shame. Some of the content in this book is valuable and important, but it is hard to trust him in light of his truly paradoxical conclusions.
22 of 29 people found this review helpful