Reregulation is a rhetorical trap that the left should abandon

Evidence

Without a doubt, there had been important alterations in regulatory structures since 1980, and I will point to some of them in this book; but in no sense were they a simple removal of strictures that could or should be reinstated in any sense. To accept the language of ā€œderegulationā€ is to become ensnared in a web of concepts that serves to paralyze political action. The neoliberals have openly expressed contempt for their opponents’ easy appeals to ā€œreregulationā€; and I think the time has come to take them far more seriously. — Philip Mirowski, Never Let a Serious Crisis Go to Waste, 47

Categorization

  • XREF: This anticipates Mirowski’s ā€˜postmodern turn’ argument that the 2008 crisis should be understood not as deregulation but as deliberate re-engineering; relates to the reader’s advanced critique of the thought collective. — connects to: A movement’s founding ideology can become a trap that ensures its defeat — Bernard Lewis, From Babel to Dragomans: Interpreting…, 392

Broader Connections