Dry Rot?

Dry Rot?

? gundi (Fall 1991), Skidmore College, Saratoga Springs, N.Y.

In the very hour of its greatest triumph, in the very nation that has been its champion, liberal capitalism is in an alarming state of decay. "[Tlhe signs of impending break- down are unmistakable," warns Lasch, an iconoclastic historian and author of The True and Only Heaven (1991). "Drugs, crime, and gang wars are making our cit- ies uninhabitable. Our school svstem is in a state of collapse. Our [political] parties a...

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