In attending a seminar on the BRICS economies in Providence and in finding almost everybody (with a few very good exceptions) completely imbedded in what is already a completely obsolete mode of thought, it became quite clear to me that almost exacty twenty years after the final fall of Soviet Style socialism we are getting to the final collapse of U.S. Western style capitalism. Of course there are differences but also incredibly interesting analogies that we should acknowledge overcoming a diffused state of denial. Analogies in leadership to begin with. Gorbachev was the best leader that the rotten soviet system could produce in the desperate attempt to save itself from its deserved fate. Obama is the best leader that the West could produce in its own desperate attempt going on these days. Nobody during the final desperate struggle of Gorbachev would have really thought that the Soviet monster would really collapse. But it actually happened, very suddenly and very fast Gorbachev was just an impotent man. No individual alone can change the social forces of history.  The Soviet situation could not be cured. Today nobody really suggest that THIS MODEL OF DEVELOPMENT IS OVER. Most of the people, including most of today's speakers at this seminar, distinguished economists and political scientists, do think that this crisis is going to finish, just another cyclical one. City group and other plunderers really think can get away with it perhaps lobbying for the insane idea to create "bad banks". And poor Obama, himself an impotent man does whatever he is allowed to do to try to get over the crisis. But as Gorbachev he will have to give it up at some point and acknowledge that the game is over.

Sure, there is going to be some suffering but will not be the end of the world. Actually will only be the well deserved end of an immoral system of exploitation as corrupt as the Soviet was that it is simply too late to rescue. The question then will be:what's next? And there is where we need to be present....