Our Own Greek Tragedy

Living on a lighted stage
Approaches the unreal
For those who think and feel
In touch with some reality
Beyond the gilded cage
--Rush

The author sets the cast:

Greece as General Motors
EU as Washington
Greek electorate as the UAW

Or is the cast backwards?

My increasing sense is that, contrary to the beliefs of Marx, Schumpeter, et al, a socialist state can never be completely attained because it will fall apart economically while in transition.

An interesting point proposed by the writer here is that the entitlement state disincentivizes even the will to survive--as reflected by declining birth rates.