Instead of despair, practical solutions to the Euro crisis | 300 comments (300 topical, 0 editorial, 0 hidden)

but we know this crisis has a moral dimension for many of the people involved.

And an immoral dimension for others.

"It is not necessary to have hope in order to persevere."

by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Mon Sep 12th, 2011 at 02:48:40 PM EST
[ Parent ]

It's a very strange morality that considers riots and mass unemployment and/or wage slavery superior to equitable wealth redistribution and responsible behaviour by the financial classes.

In psychology, this is usually called projection - where one's personal failings are palmed off on others, who are then painted black and punished for them.

Once again it's obvious that the financial classes have some very serious psychological and emotional problems.

Unfortunately our 'moral' politics selects for and rewards those same problems.

by ThatBritGuy (thatbritguy (at) googlemail.com) on Mon Sep 12th, 2011 at 03:16:41 PM EST
[ Parent ]

Re: Instead of despair (none / 0)

Yeah, it is too bad that the initials for the debt afflicted peripheral countries could not have been arranged so as to spell "GOATs". That would have been much more appropriate than PIIGs. But this does reveal where are the bases of our present religious institutions. The Holy of Holies is clearly the Banker's Bonus. And the bigger the bank the holier it is.

"It is not necessary to have hope in order to persevere."

by ARGeezer (ARGeezer a in a circle eurotrib daught com) on Mon Sep 12th, 2011 at 03:39:22 PM EST
[ Parent ]

Re: Instead of despair (none / 1)

I recommend: One Market Under God

One Market Under God: Extreme Capitalism, Market Populism, and the End of Economic Democracy is a 2000 book by historian and author Thomas Frank. It was published by Anchor Books. The book traces the development of what Frank calls "market populism: the idea that markets are a far more democratic form of organization than democratically elected governments." He also discusses many facets of the New Economy, "culture studs," and internet brokerages. An excerpt of the book was the cover story of the October 12, 2000 issue of The Nation [1]. It was reviewed in The American Prospect on December 18, 2000 [2], in The New York Times on December 21, 2000 [3]

by ThatBritGuy (thatbritguy (at) googlemail.com) on Mon Sep 12th, 2011 at 04:18:10 PM EST
[ Parent ]

Instead of despair, practical solutions to the Euro crisis | 300 comments (300 topical, 0 editorial, 0 hidden)

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