Overview for msm

On the need for ideological control (and debt peonage) in democratic societies

Until 2008, I had mostly ignored economics as an area of study, as the subject bored me, and I found the mindset too unpleasant. The 2008 financial crisis made me realize that was a mistake, however: economic policy couldn't be left to experts. But where to start reading?

Since I figured I should avoid economics textbooks, I did the next-most responsible thing: I started reading the serious and specialist media, paying particular attention to how critics explained matters. Most of their explanations struck me as unconvincing for the same reason, though, as they said little about the role played by elite fraud and grifting, even though it was perfectly obvious that the run-up as well as the "rescue" were wildly profitable to the already-rich. And I'd already noticed that the media carefully avoided making an issue out of the perfectly blatant grifting that was going on in the context of the invasion and "rebuilding" of Iraq and Afghanistan. So I broadened my search until I encountered Naked Capitalism, and shortly after that David Harvey's work.