Book TV: Nicole Gelinas, "After the Fall"

Nicole Gelinas argues that government interference in the market over the past 25 years has hindered the proper working of our financial system, eventually leading to the 2008 crisis. She says that we need to return to a financial system controlled by market discipline in which bad businesses are allowed to fail instead of being bailed out.

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[MrRobotoToo]

This chick gives me a huge boner.

[zowzilla]

Remember big hubristic governments will always see themselves as the Big Brother.

Consequently, the crying masses of people who have fallen into poverty are in need of just the help that Big Brother loves to supply. Now, you have an entire group of people who are totally dependent on government to feed, house and cloth them. On the other end of the spectrum are wealthy people, who build companies, and supply jobs, they are heros. Like them or not they stand between you and Cuba.

[HuggyGoldfingers]

She's adorable...

[Ranger4564]

@Ranger4564 The repeating cycles of boom and bust are not the product of fear and confidence, they are the by product of a part of the population being oppressed to poverty, whereby the system needs a reset. There is a reason there is tremendous wealth creation and poverty creation leading to these schisms. Let's not pretend there is not a real problem, and that this is just an confidence problem. The real problem is those who believe in Capitalism as it disserves humanity.

[Ranger4564]

What kind of world do we have where Charity is what keeps 90% of the world's population alive? Who cares about the financial system? It's a contrivance created to facilitate life. When it fails to do so, it needs to be replaced. End of story. No amount of masturbatory argumentation about who was right, and what is really free market in free market, is pointless. No one cares about the words, it's whether real freedom is being created. No, in a free market system, less freedom is created.

[satdoodle]

So clear and understandable yet your insight will probably fall on deaf ears I fear, unfortunately for us regular joes.