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The populist rant about greedy banks that is being loudly ventilated in Congress is a distraction from the true causes of the crisis. The dire condit… - John N. Gray
" "The populist rant about greedy banks that is being loudly ventilated in Congress is a distraction from the true causes of the crisis. The dire condition of America's financial markets is the result of American banks operating in a free-for-all environment that these same American legislators created. It is America's political class that, by embracing the dangerously simplistic ideology of deregulation, has responsibility for the present mess.
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About John N. Gray
John Nicholas Gray (born 17 April 1948) is an English political philosopher with interests in analytic philosophy and the history of ideas. He retired as School Professor of European Thought at the London School of Economics and Political Science. Gray contributes regularly to The Guardian, The Times Literary Supplement and the New Statesman, where he is the lead book reviewer.
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John Nicholas Gray
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John Gray
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The repression of liberty that took place in the countries in which Communist regimes were established cannot be adequately explained as a product of backwardness, or of errors in the application of Marxian theory. It was the result of a resolute attempt to realize an Enlightenment utopia - a condition of society in which no serious form of conflict any longer exists.
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As the Genesis story teaches, knowledge cannot save us from ourselves. If we know more than before, it means only that we have greater scope to enact our fantasies. But – as the Genesis myth also teaches – there is no way we can rid ourselves of what we know. If we try to regain a state of innocence, the result can only be a worse madness. The message of Genesis is that in the most vital areas of human life there can be no progress, only an unending struggle with our own nature.
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