“We can’t do this anymore.”

This is an excellent commentary from Thomas Friedman on the vain and vacuous consumptionism that has characterized the American economy increasingly during the past several decades. We’re talking about a vicious cycle that seems now to have brought our economy to its knees – to say nothing of the harm that it’s doing to our planet.  There’s a theological point to be made about this, of course, but it’ll just have to wait.  Crux of the critique:

We have created a system for growth that depended on our building more and more stores to sell more and more stuff made in more and more factories in China, powered by more and more coal that would cause more and more climate change but earn China more and more dollars to buy more and more U.S. T-bills so America would have more and more money to build more and more stores and sell more and more stuff that would employ more and more Chinese …

We can’t do this anymore.

Op-Ed Columnist – The Inflection Is Near? – NYTimes.com.