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Lemmings on parade

“‘The market’—like ‘dialectical materialism’—is just an abstraction: at once ultra-rational (its argument trumps all) and the acme of unreason (it is not open to question).  It has its true believers—mediocre thinkers by contrast with the founding fathers, but influential withal; its fellow travelers—who may privately doubt the claims of the dogma but see no alternative to preaching it; and its victims, many of whom in the US especially have dutifully swallowed the pill and proudly proclaim the virtues of a doctrine whose benefits they will never see.” – Tony Judt, “Captive Minds”

Published inEconomicsPolitics & LawTony Judt

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