As in the late Roman period, declining official authority, declining personal morality, and increasing public bureaucracy are observed in synchrony. This is not in any way a coincidence. The combination is an infallible symptom of the great terminal disease of the polity — leftism. Leftism is cancer.

The world before nationalism and democracy was a world of mild wars, small and effective governments, personal freedom, and civilized high culture… Note that, before the coming of nationalist democracy, it was actually not a problem at all for wealthy, high-IQ people to live in the same society as poor, low-IQ people. It worked just fine. The latter served the former.

It was democratic power that executed Socrates; even lynching is a fundamentally democratic exercise of power. Lynching is mob violence; mob violence, unless the mob is an organized mob, is democratic violence. It is useless to pretend that mob violence was not an essential aspect of the American Revolution, for instance.

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The way to do political, rather than cosmopolitical, economy is straightforward: consolidate the national balance sheet, treating the entire nation as a single corporation. Current account deficits then appear as losses. The notorious decay of nations which run a chronic trade deficit appears as a parallel with the notorious decay of corporations which run at a chronic loss.
Similarly, the old mercantilist strategy of accumulating precious metals—much mocked by Adam Smith—appears as no more than the accumulation of retained earnings by a profitable polity.

I hope you can agree that the Harvard faculty in 2007 by and large believes in human equality, social justice, world peace, and community leadership, that the faculty of the same institution held much the same beliefs in 1957, 1907, 1857, and 1807, and that in any of these years they would have described these views as the absolute cynosure of Christianity. Perhaps I am just naturally suspicious, but it strains my credulity slightly to believe that sometime in 1969, the very same beliefs were rederived from pure reason and universal ethics, whose concurrence with the New Testament is remarkable to say the least.