What Price Prosperity?
However, there are a few bright spots in this otherwise grim summary of our current situation. States such as North Carolina have enacted programs to attempt to spur on economic development for entrepreneurs in rural areas. However, the problem persists that states are being overwhelmed through an influx of migration from the north, and an emphasis on material wealth over kith and kin. Until there is a reset in our economy and society the diagnosis is rather dire. Southerners must take active steps within their local communities to support local businesses, teach their children to take an active interest in their heritage and elect officials who will not sell out the past and future generations for the benefit of the present.
The news media rarely, if ever, focuses on the impact on society and culture the price of economic growth. Nor do politicians. This begs the question, what price is extracted from society and culture in the pursuit of economic growth, in particular, when the central and state governments along with the central bank play key roles, namely in the of the growth of debt as an asset and not a liability, state regulation, tax revenue increases and regulatory capture by industry. The pursuit of prosperity has a dramatic impact on the demographic makeup of the South, our value system and ultimately the culture of the southern nation.
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