Good book reviews take a lot of time and effort, so why did I spend my weekend writing a review of an academic book on deregulation for a tumblr site? The reason is that Capitalizing on Crisis scratched a pet peeve of mine, which is liberal mythos disguised as real history. Ensuring the pervasiveness of myths peddled by the powerful is a key tool in the decision-making architecture that subverts democracy. For a time, I thought the internet could puncture this mythic clothing, but after the financial crisis ended I got the sense that everyone wants their myths for the time being, be they global warming denial or the heroism/victimhood of charlatan liberals. Very Christopher Lasch-like, I suppose. This delusion won’t last forever, of course, people will eventually want the truth again.
Important interview to watch with The Wire’s David Simon and Bill Moyers.