the shape of political ideology to come...

Oct 02, 2008 09:46

so... i guess the market won't sort itself out?

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vagrantkid October 2 2008, 11:59:55 UTC
Naw the market will totally sort itself and recover. We've seen it in action over the last 200 years; anytime there's a peak and sudden steep downfall in the economy it recovers itself through brutal, devastating, bloody war where countries and their economies readjust themselves and in many cases see a gain!

All we need is a new world war!

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sophisti_katie October 2 2008, 23:47:52 UTC
no way, the bail out proves that neo-liberalism fails. if it worked, the government shouldn't need to intervene. and having to return to keynesian economics should prove that neo-liberalism has run its course.
and as well as the bail-out, england has nationalised some of its banks and the irish government has secured peoples' savings. probably more things have happened too, it's exciting times.
hopefully this change will take place without a br00tal war though... but going to war is a political strategy that often works... gross.

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