Book Review: First Class Passengers on a Sinking Ship

To this end it should be noted that the book was finalized before the 2020 elections, and things surely looked much worse at that point than they do now, although Lachmann makes clear that he does not believe a change in administrations — however awful one outgoing administration may be — is going to resolve the underlying conflicts over resources propelling the decline of US power. He does, however, carefully keep the different outcomes of imperial decline and societal decline and/or stasis analytically separate.