To put it another way, democracy doesn't work when electors and especially economists and bankers have the emotional and collective sophistication of two year olds.

'More for me - less for you' is a spectacularly stupid political position. The fact that it's the default among the investors (i.e. those whose political influence actually counts for something in setting policy) doesn't alter its fundamental knuckle-dragging idiocy.

We don't need financial solutions - we need a fundamental overhaul of left-ish narratives which attack and destroy Hayekian nonsense, without legitimising it as a valid world view first.

Some things are not even wrong - and that includes almost everything the financial classes have been telling the rest of the world since at least the 1980s.