Jamal Awil

← Never Let a Serious Crisis Go to Waste

The next step in the syllogism. [fact]

The next step in the syllogism, but the link fated to fail, was that everyone would perceive that the prior bubble was the direct consequence of certain modes of thought, and thus, it was these doctrines that would be refuted. Collect those doctrines together under the umbrella term "neoliberalism," toss into the mix a Little Bo Peep falsificationist psychology, and there materialized the widespread perception that we were living through the demise of an entire way of thinking: The first intellectual consequence of the economic crisis was to undermine Neoliberalism-or the belief in the sufficiency of markets to secure human welfare-as the age's default ideology.

Philip Mirowski, Never Let a Serious Crisis …, loc. 80