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Lyss P. Hacker's avatar

This essay is written in 1951, but already by 1971 USA was forced to get the dollar off the gold standard. Since then it created trillions of dollars out of thin air in order to keep the system going.

This essay is great description of what might be called consumer-bourgeoisie. It first appeared in the USA and then it was exported to the whole world. Given that this bourgeoisie primarily depends on the ability to create fiat currencies out of thin air, and that we live in a decade in which all or most of those currencies are going to disappear, this might mean the end of this kind of bourgeoisie and maybe even the final end of the bourgeois man in general. He is anti-traditional entity which was artificially created many centuries ago, so maybe now it is time for it to disappear and some semblance of the new traditional order of things to reappear.

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