Victor Davis Hanson: Shrinking wealth is real enemy

Sunday, Feb. 17, 2013 | 12:00 AM

Why do once-successful societies ossify and decline?

http://www.fresnobee.com/2013/02/16/3177493/victor-davis-hanson-shrinking.html

Hundreds of reasons have been adduced for the fall of Rome and the end of the Old Regime in 18th-century France. Reasons run from inflation and excessive spending to resource depletion and enemy invasion, as historians attempt to understand the sudden collapse of the Mycenaeans, the Aztecs and, apparently, the modern Greeks. In literature from Catullus to Edward Gibbon, wealth and leisure -- and who gets the most of both -- more often than poverty and exhaustion implode civilization.