Farcism and Republikflucht
Words for today.
Of course, in the end it makes no difference if the political class are charlatans or outright thieves. What is of no small import is the pattern of governance here. It is a pattern that has become so prevalent that my own ego cannot resist the temptation to label it with a term that I hope takes root.
This manner of government is not driven by overt collectivism and the blatant, state-enforced social subjugation that characterizes communism. Nor is it well understood to be dominated by the pernicious nationalism, autocratic industrial centralization and megalomaniacal personality cults framed by fascism. Neither can it be sketched as the consenting construction of broad and broadly parasitic labor pools and growth retarding redistribution schemes that make up the key tenants of socialism. Quite differently, this manner of government is premised on the suspension of disbelief via sophistication, word play, disguise, deception, mistaken identity, the deliberate use of nonsense and absurdity to distract and will, no doubt, end in a melodramatic chase scene (treasury officials in absurd uniforms chasing stage left to stage right after foreign borrowers perhaps?)
In short, the United States has come to be governed by Farcism.