All this right wing nonsense about the unregulated free market being our savior is just downright laughable. Especially when you consider the content of this very video.

These people aren't greedy, they are passionately recognizing that the interests of the people of the state are not being represented or sought by the government of that state.

To bring up the tired old neo-classical bullshit about "efficiency" is absolutely uncalled for.

Entertain the following scenario: The most efficient market processes are adapted, do we now live in a utopia? Or do we realize a society where joblessness is at all time highs, corporate profits are through the roof, and a crumbling social infrastructure and middle class threatens nations' abilities to pay their debts.
Sound familiar?

I would suggest that the neo-classical free(est) market mantra is about efficiency only, and ignores the human side of economics. Economics should not rule us, it should serve us. This is currently not the case, and the 99% are waking up to this nightmare.

Finally, I would note that judging by the unfolding ecological crisis, and the crippling of economies by outdated, overpriced, low EROEI energy sources, the movement to change economic theory and purpose will only grow stronger. If occupy falters now, it won't be long before it bubbles to the surface once again (without vast changes to our democracy and economic practices). Don't be fooled by the mainstream media, history doesn't always repeat itself, the youth and disenfranchised will be the vanguard and protectorate of a new era. It would seem to be inevitable.

pennypecker, you go ahead and keep using neolib. I love it. FYI - Technically, neoliberalism (short for neo-classical liberalism) is an old term for imstellar-type free market enthusiasts. If people want to let it get under their skin, then that's their challenge to overcome.

Does that include Neo-Classical Metal? hehe

In reply to this comment by xxovercastxx:
neonics, neocons... apparently anything with a neo prefix is liable to destroy the world.

^I would encourage anyone coming across the above post to disregard it, there is little if any factual accuracy in it. I can refute it point by point, but what I say will appear biased. Please research it for yourself.

A good starting point would be "America's Great Depression" by Murray Rothbard. Here is a a link to the full book in pdf form:

http://mises.org/rothbard/agd.pdf

I will say one thing however, as this is unequivocally wrong:

"Which lead to Keynesian economic theory in the first place in 1936, revised constantly through neo-classical economics, criticized into New Keynesian Economics."

Keynesians were the dominant economic school of thought during the great depression, and was challenged by the Austrians as early as 1920. To claim that Keynesian theory was a reaction to the "inherent economic problems" of the depression is not only wrong it is fraudulent as they were the very policies which turned a 12-18 month recession into a 15 year long depression. The Austrians were recognized as the only economic school to foresee the coming crash before 1929 with the awarding of the nobel prize to F.A. Hayek in 1974. This is not a "obscure, fringe" school of economic thought.

As I said, through my studies of the great depression one fact became overwhelming clear there is hardly one concrete factor in its emergence nor in it's continuation.

Yes it's always postulated that FDR's policies prolonged it which is silly considering the effects of the TVA and eventually war economy used to prop up Britain and eventually joining WW2. This is military Keynesian or war economy.

My personal belief is that but you must look at the political landscape at the time in context, Smoot-Hawley Act signed in 1930s especially with regards to trade, my belief is that this act had a lot to do with the severity of the depression.

However this is pissing contest, any further studies brings forth more and more layers of the problem, eventually we come to a realization that there was endemic structural weaknesses in the economy as a whole due to incomplete economic understanding. Which lead to Keynesian economic theory in the first place in 1936, revised constantly through neo-classical economics, criticized into New Keynesian Economics.

The Austrian school of economics is an obscure field for a very good reason, because it cannot sustain its theories through empirical evidence, everyone from Sachs to Krugman to Milton Friedman have found fault with it. This is not a critique of your personal study of your field through reading but reading books captures a specific point of view, there is little inter relational work between the different theories of economics.

As I said we went over and over this in your blog posts, where you couldn't even grasp a possibility of informational asymmetry as a free market eliminator between consumers within an economy.

Now for Deedub81.

Sorry but that's called economic re balancing, first of all Obama isn't the perfect president for economic recovery at all as he has to maintain (rather appease) corporate and middle class America at the same time. Which is very hard to do, he is not raising taxation in the over 250,000 bracket, as he needs to maintain a middle class, he needs to push up taxation for those earning over that.

A continuous cut tax from 2000 is simply unsustainable with the federal debt, and the continuous spending in Iraq and Afghanistan. There needs to be a fundamental re balance to allow the US economy to get back on a more stable less profit driven path to recovery.

Am going to stop here because you think that the US economy is driven by small business, you obviously have no idea what you are talking about, FOX news is not the best source for economic discourse.

Cool! Uli! Orig guitarist in the Scorpions. In the early eighties Yngwie Malmsteen got all sorts of praise and credit for inventing the neo-classical metal style of playing. Few knew ULI JON ROTH had already been doing it for like 10+ years.

Dead Can Dance is a band comprising Lisa Gerrard and Brendan Perry. Formed in Melbourne in 1981 and initially based in Australia, it disbanded in 1998 but reunited temporarily for a world tour in 2005.

Assigning a musical genre to Dead Can Dance is difficult, as its style is particularly eclectic. However, its early work could be considered "darkwave". In their later work, including and subsequent to the release entitled The Serpent's Egg, Dead Can Dance would take ancient or various musics from around the world as primary sources, with Gerrard singing glossolalia, giving it a very distinctive style. As a result, their later albums sound quite different from the first three. Various sources have labelled those latter releases as neo-classical, ethereal or dark world music.

http://en.wikipedia.org/wiki/Dead_can_dance

Ry Cooder only recorded the slide guitar parts of the movie, while Steve Vai recorded all other guitar tracks and composed the neo-classical guitar track that wins the battle.