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To create a new aphorism: "Those who don't study history are forced to make it up".

I give you a gold star for the effort of reading stuff like this on a regular basis, but perhaps you should just be out enjoying the springtime instead.

As long as the financial sector pays the WSJ, FT and the Economist to say what they wish to hear they are not going to change their tunes.

As we have discussed recently ideologues and their blind followers are immune to facts.

If we really want to change social policy we need to come up with a narrative which explains why following the existing path is going to disfavor the wealthy class. Several times in the past the fear of revolution caused changes to social policy that aborted more fundamental adjustments.

On the other hand there are a greater number of examples where failure to realize the resentment from below ended with the ruling class being eliminated.

What I'm afraid of is that the wealthy will realize that something needs to be done, but then just make some superficial changes which will abort any populist movements that are starting to form.

In the US I think a real health care plan would be enough, I'm not sure what the big issue is in France.

Policies not Politics
---- Daily Landscape

by rdf (robert.feinman@gmail.com) on Sat Apr 14th, 2007 at 02:39:05 PM EST

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