Free market ideology - does anyone know where it first comes from? It comes from medieval Islam, and specifically, Shari'a. Because Shari'a provided this commercial law that is independent from the state.

Neoliberalism isn't an economic program - it's a political program designed to produce hopelessness and kill any future alternatives.

We are watching the beginnings of the defiant self-assertion of a new generation of Americans, a generation who are looking forward to finishing their education with no jobs, no future, but still saddled with enormous and unforgivable debt.

The question we should be asking is not why people are sometimes cruel, or even why a few people are usually cruel (all evidence suggests true sadists are an extremely small proportion of the population overall), but how we have come to create institutions that encourage such behavior and that suggest cruel people are in some ways admirable-or at least as deserving of sympathy as those they push around.

It affects every aspect of our lives, is often said to be the root of all evil, and the analysis of the world that it makes possible - what we call 'the economy' - is so important to us that economists have become the high priests of our society. Yet, oddly, there is absolutely no consensus among economists about what money really is.

It's true that most American citizens think of themselves as living in a democratic country. But when was the last time that any Americans actually sat down and came to a collective decision? Maybe if they are ordering pizzas, but basically never.

There are markets extending from Mali, Indonesia, way outside the purview of any one government which operated under civil laws, so contracts weren't, except on trust. So they have this free market ideology the moment they have markets operating outside the purview of the states, as prior to that markets had really mainly existed as a side effect of military operations.