hmg, Jr. on the relation between the economy and society

 From hmg, Jr., 4 June 2013:

This stylized “fact” – the US economy becoming better approximated by a negative-sum game – has serious consequences for society. Everyone will feel pressure to engage in “begging their neighbor”, because without gains made at someone else's expense, the state of inertia is a (near-) falling real standard of living. Society will thereby become more fractured, and political agreement increasingly difficult.