There is, no doubt, a certain desire to rub some faces in their own shit in the expression "Anglo Disease". (Though it's only fair to point out that it's based on the expression "Dutch Disease", coined by The Economist and not apparently seen as a slur on the Netherlands by the Anglos of that august publication). And I must say that the Americans and British have been handing out the insults to others (continental Europe and France in particular) for a while now without anyone weeping over it. Perhaps the Anglos can't take a taste of their own nasty medicine?
But, by and large, I think it would be worthwhile to look for another name that would not set off defensive reactions. But nothing anodyne either!
Good comment, ARG.
On your other point I thoroughly agree that US financial elites should not just have their nose rubbed in it, but that this should be performed by some of the "lifers" with whom they should be sharing prison. Even that may come in time.
But my primary concern is not for the elites, but for the average person, especially the independents and "Reagan Democrats," who bought into the whole "just so" economic fairy tale pedaled by those elites and their political representatives. If this whole Neo-Whatever, CW, noxious approach to government and the economy can be made thoroughly repugnant as the chief instrument of their current misery we might inoculate the Anglo world against such folly for at least a couple of generations. This would be a good thing for the rest of the world, given the influence of said Anglo world in global affairs. As the Dutch said while fighting the Spanish: "It is not necessary to have hope in order to persevere."
