We can certainly perceive this story as yet another in a long line of indicators of how decadent industrial civilization has become. We can rightly compare it to the scourge of child sexual abuse that has marked the Roman Catholic Church for centuries. And just as we can become obsessed with the story or turn white hot with anger, we can also choose to ignore it or simply chalk it up to the sports industrial complex. However we choose to respond, I believe it is important not to miss this debacle as a prototype of empire itself and to construct a vision of how this not-so-happy valley could be deconstructed and revolutionized in a post-industrial world.
As powerful as Wall Street appears to be, its abuse of power has so eroded the economic, social, and environmental foundations of its own existence that its fate is sealed.