Michael Barone goes back into the 17th century (using an historical work of Hugh Trevor-Roper) to show what happens when we have "parasitic bureaucracies and crony capitalism. The point is that the U.S. is acting like the no-growth states of the 17th century.
“Pare down the parasitic fringe” of government. “Favor a gospel of work” instead of aristocratic entitlement. “Rationalize finance” and “reverse the Parkinson’s law of bureaucracy.”
All that sounds like rhetoric from the Tea Party or reform conservatives who assail what they call crony capitalism.
But it's not a contemporary criticism. Those are phrases from a long essay, written more than half a century ago, by the British historian H. R. Trevor-Roper, entitled “The General Crisis of the Seventeenth Century.”
After 1660 the nation-states that pared back bureaucracies and allowed room for such trading cities to operate -- England, Holland and, for a while, France -- flourished, while Spain, Italy and Germany mostly languished.
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