The Rise and Fall of Postnationalism

Over the last fifty years, the West has witnessed a continuous decline in the quality of the state and its activities, along with a cultural deterioration of the public sphere. All OECD (Organization for Economic Co-operation and Development) countries have also undergone a massive dichotomization of private property ownership: An ever-smaller fraction of the population owns a growing share of all non-public assets. According to some estimates, the richest one percent holds 70 to 80 percent of all global private property, while an increasing number owns nothing and is excluded from decent incomes and the means to live a normal family life.

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