Plus ca change…

Finweek English Edition - - Nothingsacred -

WHILE BARACK OBAMA has the world en­rap­tured as he as­sumes of­fice in the worst of times, the words of French writer Alexis de Toc­queville, writ­ten al­most 200 years ago, ring as true as ever: “It is ev­i­dent to all alike that a great demo­cratic revo­lu­tion is go­ing on among us, but all do not look at it in the same light... A kind of re­li­gious awe (is) pro­duced in the au­thor’s mind by the view that ir­re­sistible revo­lu­tion which has ad­vanced for cen­turies in spite of ev­ery ob­sta­cle and which is still ad­vanc­ing in the midst of the ru­ins it has caused.”

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