The current period of regression is registering some success in "producing people" who are subordinated to external power, diverted to such "superficial things" as "fashionable consumption" and other pursuits more fitting for the "bewildered herd" than participation in determining the course of individual and social life.
Roughly 1 in 6 Americans have Irish blood. I'd say it's probably safe to assume that the average Irish-American who only comes out on St. Patrick's Day has no idea of the sort of economic powerhouse Ireland has become.