Saturday, October 18, 2008
For 30 years we bashed 'big government'. The result: massive deregulation that led to the current economic crisis. As we struggle with the problem of fixing that problem it's important to see things at a higher level of abstraction than we usually employ. We need to understand our actions well enough to avoid the next big mess. Bill Moyers interview with George Soros is helpful. If you've been studying the crisis, the first part of the interview will make sense. The gem, however, comes toward the end of the interview where Soros talks about the nature of ideologies. It's profound. Start here.
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