This one I suppose might come under the "Know Your Enemy" file.

[calimary]

The Chicago School - of economic thinking anyway - spawned all kinds of evil under whose weight we are now staggering and chafing. These bastards started it in the viper pit known ordinarily as the University of Chicago.

I'm just wondering if ANYONE on our side has thought about how to combat the metastasizing spread of this societal toxin. Is there ANY push-back at all? ANY preventive or even containment strategies to keep this shit from spreading and doing any more damage? If we don't, it's us - our movement - our whole belief system - that's endangered.

http://www.businessweek.com/articles/2012-06-07/will-success-spoil-the-chicago-school

[Egalitarian Thug]

1. The result it has and is consistently yielding is already discrediting it. Dr.'s Krugman and

Stiglitz are and have been working full time on this as well. If it weren't for so many politicians from both sides of the aisle and the M$M's complete subjugation to it, it would already be forgotten as a bad idea that somehow caught on for a minute before we regained our sanity.

The Chicago School's idiocy is already dead, it just hasn't had sufficient time to begin the process of decomposition.

[calimary]

2. I hope so. It's always seemed, for YEARS now, that Paul Krugman is truly the lone voice of sanity

crying in the wilderness.

[jwirr]

3. Another side question: What is the University of Chicago teaching now? Are they still pushing this

idiocy?

[AnotherMcIntosh]

5. Yes.

One of the idiocies is that so-called "free-trade" benefits all of us in the long run. The Chicago's free-trade backers are still supporting this.

You might ask yourself, if so-called "free trade" agreements obviously have not worked, what are the odds that another one will be signed? Rmoney would obviously sign one. But what about President Obama, the president with close advisors from the Chicago School of Economics? He wouldn't sign another one would he?

[jwirr]

7. And that is a great follow-up question. Didn't he even teach at the University of Chicago?

[AnotherMcIntosh]

8. Yes.

He started teaching at the University of Chicago Law School in 1969.
http://www.law.uchicago.edu/faculty/posner-r

He still lectures there.

[rufus dog]

6. There was a nut bag Professor from the esteemed University on with Dylan Ratigan last week

Said we shouldn't have regulations, class action law suits would keep the market honest. Of course Ratigan loved him, and not one guest pushed back hard on the guy and asked him if he really thought the same group of Patriotic Americans wouldn't; push through tort reform, set up multiple corporations for the risky endeavors and when sued, simply use bankruptcy and shut down the offending corps while having transferred the profits to a off shore corporation.

It was truly a fucking sickening segment to watch.

[AnotherMcIntosh]

4. The Chicago School of Economics has done more than merely cause harm to our economic system,

and possibley irrevocable harm.

It has also infected the judicial system in the Seventh Circuit under Chief Judge Richard Posner, and it has infected other Circuits as well. The thinking has been used to justify decisions which are adverse to the population as a whole. Just as one example, in the Seventh Circuit (Illinois, Wisconsin, and Indiana), it is virtually impossible to bring an age discrimination case in a Federal District Court because the judges of the Seventh Circuit are opposed to the bringing of age discrimination cases against corporations. As another, example, it is virtually impossible to bring a civil Rico case against those operating under the cover of a business. These are not the only examples that could be laid out.

Since the 2008 bail outs, Judge Posner (who lectures at the University of Chicago) has pulled back from his the-corporations-can-do-no-wrong philosophy (which is now too obvious for all to ignore), but even his modified stance which seems to be evolving still protects big business at the expense of everything else.

People are appointed to the Federal bench because they favor big business. The philosophy from the Chicago School of Business gives them excuses to do what they are doing.

[GeorgeGist]

9. Read 'Shock Doctrine' by Naomi Klein.

They do it on purpose.