Blaming greedy bankers for crashes reinforces capitalist realism instead of challenging it

Evidence

It’s no use just talking about greed and these categories. There’s this kind of embedded Hobbesianism with capitalist realism. Part of capitalist realism is: “that’s the way the world is”. And that involves: “Well, people are naturally competitive”. If there’s widespread greed, or if this is appealed to as a notion — “Well, the reason there was a bank crash was because of greedy bankers” — that won’t undermine capitalist realism, it’ll feed into it. It will feed into it in the sense that that kind of resignation, cynicism are part of the background of capitalist realism anyway. It also misses the target, I think. — Mark Fisher (edited by Darren Ambrose), K-Punk, 2109

Categorization

• XREF: connects to: Replacing the scrounger with parasitic landlords and exploiters can break capitalist realism — Mark Fisher (edited by Darren Ambrose), K-Punk: The Collected and Unpublished…, 1900; Criticizing individual greed strengthens rather than undermines capitalist ideology — Mark Fisher (edited by Darren Ambrose), K-Punk: The Collected and Unpublished…, 2110; Blame on individual bankers and government deflects from capitalism’s systemic causes — Mark Fisher, Capitalist Realism: Is There No…, 130 (+1 more)

Broader Connections

• Blame on individual bankers and government deflects from capitalism’s systemic causes #expands (0.94) — Mark Fisher, Capitalist Realism, 130
• The greed-versus-regulation framing itself is a false dichotomy #corroborates (0.88) — Philip Mirowski, Never Let a Serious Crisis Go to Waste, 1774