[lbo-talk] FT/Harris: Economic stupidity epidemic throughout populace

Michael Pollak mpollak at panix.com
Tue Jul 13 03:13:23 PDT 2010


On Tue, 13 Jul 2010, 123hop at comcast.net wrote:


> It's what is showered upon everyone in the news. People do not most
> understand macro concepts or much about history or anything bigger than
> the individual.

This is the ironic side. It's a massive victory for the bourgeois ISA. Everyone believes what the RC wants them to believe, including their own experts. But because like all ideology it's simplistic and inflexible, in some situations, like this one, it's dead wrong. They're sailing their own system into the sandbars and they can't turn the wheel because they're possessed by their own spell.

Michael



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