echoes of Pynchon's politics
Doug Millison
millison at online-journalist.com
Thu Dec 21 09:45:05 CST 2000
http://www.nytimes.com/2000/12/21/business/21ANTI.html
"Behind the go-go stock market and the feel-good atmosphere, he says,
the American economy that bloomed in the 1990's is sick: the divide
between rich and poor has widened, he insists, and mechanisms like
government regulation and unions that traditionally protected
underdogs have been hobbled. Mergers and globalization, meanwhile,
are homogenizing the world into one big Wal-Mart. Yet, he says,
Americans have been sold the notion that the pixie-dust prosperity
has touched almost everyone. [...] "One Market, Under God" vivisects
the libertarian manifestoes, management how-to books, academic
gobbledygook, advertisements and finance-oriented cable networks to
describe Mr. Frank's key bĂȘte noire: market populism. This phrase,
Mr. Frank argues, captures a new genre of spin that turns traditional
populism on its head. Instead of the classic populist stance on
behalf of the little guy, market populism hijacks the
power-to-the-people language to glorify capitalism and its biggest
winners.
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