The view from Europe: Capitalsm is killing America

We see economic chaos when we look at the Eurozone.  This German opinion piece eloquently describes the disaster looming in America's unequal society: 

Romney, the exceedingly wealthy business man, and Obama, the cultivated civil rights lawyer, are two faces of a political system that no longer has much to do with democracy as we understand it. Democracy is about choice, but Americans don't really have much of a choice. Obama proved this. Nearly four years ago, it seemed like a new beginning for America when he took office. But this was a misunderstanding. Obama didn't close the Guantanamo Bay detention camp, nor did he lift immunity for alleged war criminals from the Bush-era, or regulate the financial markets, and climate change was hardly discussed during the current election campaign. The military, the banks, industry -- the people are helpless in the face of their power, as is the president. Not even credit default swaps, the kind of investment that brought down Lehman Brothers and took Western economies to the brink, has been banned or even better regulated. It is likely the case that Obama wanted to do more, but couldn't. But what role does that play in the bigger picture? We want to believe that Obama failed because of the conservatives inside his own country. Indeed, the fanatics that Mitt Romney depends on have jettisoned everything that distinguishes the West: science and logic, reason and moderation, even simple decency. They hate homosexuals, the weak and the state. They oppress women and persecute immigrants. Their moralizing about abortion doesn't even spare the victims of rape. They are the Taliban of the West........The truth is that we simply no longer understand America. Looking at the country from Germany and Europe, we see a foreign culture. The political system is in the hands of big business and its lobbyists. The checks and balances have failed. And a perverse mix of irresponsibility, greed and religious zealotry dominate public opinion.

(see here for complete editorial)