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Any way one cares to look at it, Neo-Classical Economics - the intellectual basis of the global financial system - was and is fundamentally flawed which has led to the current crisis, is maintaining the current crisis, and is digging the world ever deeper into crisis.

I suggest "Greece" (and Hungary and Lithuania and Iceland and ...) is a symptom, rather than the disease, and it's the disease that needs curing first and only then can the crisis be fixed.

Death to the vermin (c) Vernon Vinge, A Fire Upon the Deep.

by Sargon on Sun Jun 19th, 2011 at 02:04:37 PM EST
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I don't understand the reference.

She believed in nothing; only her skepticism kept her from being an atheist. -- Jean-Paul Sartre
by ATinNM on Sun Jun 19th, 2011 at 02:33:58 PM EST
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You have to read the book, sorry. The major idea - beware of those who want you to exterminate some 'vermin'. Or 'disease'.
by Sargon on Sun Jun 19th, 2011 at 02:54:44 PM EST
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Claiming that something is an intellectual disease that needs curing appears to me to be a far bit from claiming someone is vermin that needs to be exterminated.

Sweden's finest (and perhaps only) collaborative, leftist e-newspaper Synapze.se
by A swedish kind of death on Sun Jun 19th, 2011 at 03:12:33 PM EST
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</sarcasm>
by Sargon on Sun Jun 19th, 2011 at 03:24:36 PM EST
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If mass murder was my gig I'd be making a fat 3 figure income designing advanced weapon systems for the US military.  

She believed in nothing; only her skepticism kept her from being an atheist. -- Jean-Paul Sartre
by ATinNM on Sun Jun 19th, 2011 at 04:33:41 PM EST
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