Originally Posted by roachboy

this kind of problem explains why i keep going to the level of ideology to make sense of what's been happening.
what was the framework that enabled the conservative wing of the american political monoculture to advocate dismantling regulations, that made the opposition between "government" and "markets" seem sane, that enabled people to seriously believe that "growth" is a constant and on that basis to systematically underestimate/undervalue/undersell to themselves and others risk?
what on earth, in the face of the entire history of actually existing capitalism, enabled the conservative wing of the american political monoculture to make the claim "markets are rational" with a straight face, and even more bewildering, how was that taken seriously?