from A Failure of Democracy, Not Capitalism
Benjamin R. Barber
New York Times | 29 July 2002
(...) Market fundamentalism, which defined the era of Ronald Reagan and Margaret Thatcher, encourages a myth of omnipotent markets. But this is as foolish and wrong-headed as the myth of omnipotent states, which reigned from the New Deal to the Great Society. It tricks people into believing their own common power represents some bureaucrat's hegemony over them, and that buying power is the same as voting power. But consumers are not citizens, and markets cannot exercise democratic sovereignty. (...)
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