This is how nations decline. You don’t always turn into Nazi Germany. You turn into Russia, or Hungary, or other creaky and corrupt strongman states where everything is kind of a scam and everyone is hustling to please the gangster in charge. That, my friends, is the path we are on here.

America’s basic problem is that we have an economic system that concentrates great wealth in few hands and we have a political system in which money is allowed to buy political power in a straightforward way and now, on top of that, we have a President who fully embraces—who lives for—the opportunity to make the world bow to him by exploiting those systems. It’s a bit surreal watching this all unfold right in front of us. This is the script of imperial downfall, of a mighty nation that has been teeing itself up to crumble by having no moral scruples finally jumping onto the garbage chute with both feet. Watching all of the highly respected CEOs of America’s most powerful and respectable and, according to a widespread characterization, “liberal” companies donate millions of dollars to the Trump inauguration, unalloyed bribes paid for political protection, is just—it’s not subtle. Detecting the grand direction of America has never required less insight.

This is the final form of unregulated capitalism, where fantastically rich and often childlike titans run the world’s most powerful nation for their own pleasure, and what was once thought of as “civil society” cowers in the corner in an effort to avoid provoking the beast.

Hamilton Nolan