How the New Normal Might Look

Fareed Zakaria, with his usual insight and erudition, assesses the state of Western capitalism in a Newsweek cover piece.  Zakaria's reasoned perspective stands as a counterpoint to catastrophizers on the left and right who, with considerable hyperbole, shed little light on either way has happened or what may lie ahead.  Too bad it is summer; the Zakaria piece should be required reading for every high school and university student, along with their teachers and school administrators.