December 15, 2008

JULIAN SANCHEZ: Orwell in Bailoutland. “This whole familial frame seems to amount to an inverted Gospel of Wealth: Where the 19th century claimed that financial success was a reflection of moral worth, the function of public policy in the 21st century will be to create that symmetry. The only question is whether workers in a particular industry are naughty children who need to be sent to the corner for a time-out, or well-behaved children who should get a gold sticker for effort. This is, as I hope goes without saying, a pretty authoritarian frame on either side.”