My reply to Skip27 at The Economist

Thank you for your comment. Faced with the complete failure of Neo-Liberalism what is called for, even demanded, is more Neo-Liberalism. See Philip Mirowski’s Never Let A Serious Crisis Go To Waste.
For a bracing forensic of the Free Market Delusion and it’s insidious hold on economic/political theory and practice, even the complete subversion of the conception of civic obligation, as the paramount guiding principle of republicanism. For a history of the concept of the cultivation of civic republican virtue see J.G.A. Pocock’s The Machiavellian Moment:
Face the fact that in American, since the so-called Financial Reform of 1999, that erased the protections of Glass-Steagall to the Crash of 2008: self-serving mendacity, not to speak of wholesale thievery, has been the operative philosophy of Capital!
We bailed out the Banks, and the utterly corrupt Investment Houses, one and the same? and then came the successor to the benighted idea and practice of ‘Market Discipline’, namely Austerity: we footed the bill twice, Bailout then Austerity!
Mayor Emanuel  is a hireling, an apologist, a New Democrat whose faith is in his careerist ambition. And his ability to articulate the Party Line of a Thought Collective that has seemingly endless cash reserves, but whose ethical/political status can be described as bankrupt! Your final sentence reeks of a kind of passive political cynicism:

Emanuel may suck, but he is better than anyone else running.


About stephenkmacksd

Rootless cosmopolitan,down at heels intellectual;would be writer. 'Polemic is a discourse of conflict, whose effect depends on a delicate balance between the requirements of truth and the enticements of anger, the duty to argue and the zest to inflame. Its rhetoric allows, even enforces, a certain figurative licence. Like epitaphs in Johnson’s adage, it is not under oath.'
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