Today the BBC published an interview with Tony Blair on his Faith Foundation, where "idealism becomes the new realism" in a mission to "counter extremism in all six leading religions". The interview starts with market talk. (It ends with the universities' role, but we would need to make a phone call to Derrida's spectre for this one, and I don't have enough credit at the moment).
"Gone are the days of ideological disputes between political systems.
"No one today disputes the power of capitalism - the only question anyone is asking is to what extent does government regulate otherwise free markets.”
Yeah, I guess it wasn't a question of government intervention when the financial sector collapsed in the autumn of 2008. The Bush administration, along with Obama, did not even debate this: the private financial sector messed up that badly, that already in October 2008, the US Congress passed the Emergency Economic Stabilization Act, which authorized the Treasury Department to spend $700 billion in what was called Troubled Asset Relief Program. Love the titles: Trouble. Emergency: no time to question. Of course. Who does? The man is talking about faith here.
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