Question

We once thought that the crisis facing the United States was simply a capitalist economic crisis. However, it now seems that social inequality and reduced class mobility under oligarchy are social crises that are more far-reaching than economic crises, weakening national governance capacity internally and draining national soft power externally.

Answer 1

It is true that the United States has been facing a variety of economic, social, and political challenges in recent years. The economic crisis of 2008 had a significant impact on the country, leading to widespread job loss and economic instability. However, it is also true that the issues of social inequality and reduced class mobility have been persistent problems in the country for many years. These issues can have a detrimental effect on national governance capacity, as well as on the country's ability to exert influence and maintain a positive image on the global stage. The rise of oligarchy, in which a small group of wealthy individuals and corporations hold disproportionate power and influence, has also been a concern for many people, as it can contribute to these social and economic issues.