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that needs to be written explaining why some people think like this.

I'd be the last to defend the neolibs, and the neolib agenda. But I've been finding out more about the origins of the belief system. It looks a lot like a product of its time, and there is an angle from which it's not just naked troughing for greed.

I'd guess most of the promoters are older than most of us on ET, and they will have had different experiences to draw on. Their problem now isn't that they're radical, it's that they're stuck in the past - specifically the 70s, when there was an economic climate in which their comments would almost have made some sense.

They're absolutely wrong today, but it could be useful for further debunking to understand why they believe these eccentric things. If I get time I'll try to put together a summary at some point.

by ThatBritGuy (thatbritguy (at) googlemail.com) on Sat Apr 15th, 2006 at 04:51:12 PM EST
A diary on this would be most welcome.

In the long run, we're all dead. John Maynard Keynes
by Jerome a Paris (etg@eurotrib.com) on Sat Apr 15th, 2006 at 05:13:35 PM EST
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More than welcome, TBG, in view of our discussions about new mythical narratives in other threads. If we can succeed in portraying them as outdated, if we can steal a march on them...
by afew (afew(a in a circle)eurotrib_dot_com) on Sun Apr 16th, 2006 at 03:00:56 AM EST
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