[lbo-talk] The Financial Markets and Fear Itself
Eric Beck
ersatzdog at gmail.com
Fri Jun 5 16:34:41 PDT 2009
>> Shockingly a WSJ editorial board member believes the crisis was caused
>> by government and not private institutions:
>>
>> http://www.hoover.org/publications/policyreview/46386702.html
>>
>> Can anyone respond to this? Is there anything to it?
>
> Why in the world would anyone "respond to" anything that nest of
> weirdos has to say? The next thing someone will be wanting the list to
> refute Southey on Pantisocracy.
I don't think Joshua actually means to rebut the WSJ. "Respond" here
really means to defend the government, which seems to be many
leftists' primary concern these days, a weird and oddly conservatizing
impulse. I guess it's understandable on some level, to argue against
idiot populisms on the left and right, but surely there's some other
way to do that that doesn't involve resort to fantasies about a coming
Keynesian/socialist regime and insist on the primacy of absolving the
government of responsibility.
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