Sunday, December 28, 2008

The god of the market


Why is it that people who praise downsizing for its salubrious effect on the economy are invariably people in no danger of being downsized themselves? The market is now our supreme power. It is a god that requires human sacrifices to keep it pacified.

Russell Baker: The Market God. First published in the New York Times in March, 1996, but extraordinarily relevant to the current financial climate. The whole op-ed piece is worth reading for its wisdom in regard to the Wall Street mentality.

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