A Quote by Matt Taibbi

It's really interesting that we've had this great Tea Party movement that is all about restoring free market capitalist values, but what they completely fail to understand is that what we've got now is a situation where there is a small class of gigantic financial companies that have put themselves above capitalism.
Although I have made a fortune in the financial markets, I now fear that the untrammeled intensification of laissez-faire capitalism and the spread of market values into all areas of life is endangering our open and democratic society. The main enemy of the open society, I believe, is no longer the communist but the capitalist threat.
No faction is better or worse than any other. All come from the same mould; they are all products of capitalist influence in the working class movement. And they are a poison that destroys our Party and the working class movement in Korea.
We do not have free market capitalism in America; we have crony capitalism. There is a huge difference between free market capitalism that democratizes a country and makes us more efficient and prosperous and corporate crony capitalism.
I think there is a real misunderstanding about what the Tea Party movement is. The Tea Party movement is a sentiment in America that government is broken - both parties are to blame - and if we don't do something soon, this exceptional country will be lost, and it will become just like everybody else.
Capitalism is not about the profit motive. Capitalism is about free markets. What you do in the market, in your free will, is the essence of capitalism.
Neoliberalism is going to fail by being replaced. The system is entirely broken. Whenever you have a system that equates a market economy with a market society and claims that capitalism is democracy, you've not only got a massive lie being imposed on the people, but you've got the foundation for a form of authoritarianism and a much more intensive form of class warfare.
I would ask: Given the nature of free-market capitalism - where the rule is to rise to the top at all costs - is it possible to have a financial industry hero? And by the way, this is not a pop-culture trend we're talking about. There aren't many financial heroes in literature, theater or cinema.
It is impossible to understand the financial health of big financial institutions and their potential impact on the market. They don't even understand it themselves.
In the mid to late nineteenth century, the gun manufacturers recognized that they had a limited market. Remember that this is a capitalist society, you've got to expand your market. They were selling guns to the military. That's a pretty limited market. What about all the rest of the people? So what started was all kinds of fantastic stories about Wyatt Earp and the gunmen and the Wild West, how exciting it was to have these guys with guns defending themselves against all sorts of things.
The tea party saved the Republican Party. In a broad sense, the tea party rescued it from being the fat, unhappy, querulous creature it had become, a party that didn't remember anymore why it existed, or what its historical purpose was. The tea party, with its energy and earnestness, restored the GOP to itself.
One question is: Who is the working class today, and how has it changed? Where are we in that? I don't have a knee-jerk kind of 1930s thing about we must build the unions and that's the way to the future. I'm writing this book right now called Pallin' Around, and the subtitle is: "Talking to the Tea Party." And frankly I find talking to the Tea Party exhilarating, I love it.
I think it's interesting that people like Harry Reid and Nancy Pelosi said that the Tea Party was dead and they weren't influential and yet they're still talking about the Tea Party.
I think that's what activates the Tea Party Movement. What they see is the government interfering with their lives and with the inheritance of their children. Are we going to pass down liberty or deficits? And that's really what this movement is about.
One of the beauties of the Tea Party movement - and the many, many like-minded citizens that don't participate in the Tea Party movement - is the fact that it is independent.
The Tea Party movement is a wide and diverse group. It will hurt the Republican Party if some elements of the Tea Party decide to become third party advocates because it will split the conservative vote.
There is a contradiction between market liberalism and political liberalism. The market liberals (e.g., social conservatives) of today want family values, less government, and maintain the traditions of society (at least in America's case). However, we must face the cultural contradiction of capitalism: the progress of capitalism, which necessitates a consumer culture, undermines the values which render capitalism possible
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