This excerpt is just an hors’ dourves. I recommend reading the article in full, a valuable perspective on today’s events: “Let Them Eat Dogma“, Chris Lehmann, The Baffler, 25 January 2010 — Excerpt: Not so long ago, the lead theorists of America’s conservative revolution hymned it as a thing of unparalleled vitality and intellectual rigor. …
This financial crisis has revealed much about America. About the operation of our government. About our ruling elites, and what they consider important — and who they believe should pay for their mistakes. And about the American public. Our passivity and ignorance (don’t know, don’t care). If we choose to be sheep the best we …
Summary: the combination of intense political polarization and a long deep economic downturn has made the events of the Great Depression important again — both as part of both parties’ positioning and for lessons about the appropriate public policy response. One book has become an rallying point for Republicans, from which they derive their proscriptions …
An important and politically significant guide to the Great Depression Read More »
