Wednesday, June 27, 2018

Taney Court II: consequences of the failure of the rule of law

As far as I can see the rule of law at the Federal level is over for at least a decade to come. We are now governed by the whims of the wealthy and powerful. It will be important to remember this: Federal law is now a matter of whim.

The full extent of this failure will be felt in all aspects of our lives. Civil rights, women's rights, labor rights, yes, but also such fundamentals as enforcement of contracts against wealthy institutions. We had a foretaste of that in the failure to respond effectively to massive fraud in the real estate market. It will spread to other markets. Steady employment will probably become a thing of the past.

I don't see how our current economy will be able to survive in such a legal regime; our very lives will be in danger.