I fear you're right, Doug. Doesn't capitalism need these very crises to reinvent and reproduce itself? On another pessimistic note, the end of neo-liberalism has been frequently announced, but we're still waiting for it to happen ...
Best,
Henry
> On Jul 4, 2011, at 3:39 PM, David Sorfa wrote:
>
>> As the Lehmans Brothers filled for bankruptcy on September 15 2008 an
>> era came to a halt. No more was there a belief that ‘the Market’ would
>> work for the greater good as long as it was left un-regulated.
>
> This might be true in some insular intellectual communities, but I don't think you'll find this new thinking among people in the money business. Can you point to something that suggests this is a widespread enough to warrant 'no more'?
> I'm pro-regulation, by the way. I don't believe in the Market any more than I believe in total immersion baptism, but I think you'll find influential agents aren't giving up on it. Alas.
>
> Cordially,
> Doug
>
> Doug vanderHoof
> Producer, modern litigation media
> 773-394-0029
> Bucktown, Chicago+Seattle
>
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