This liberal Wall Street critic gives a piece posted in Politico a well-deserved trashing or thrashing. You might want to read the Politico article first--it is astonishing in its naiveté.
Liberal critics like Marten perform a valuable service to anti-capitalists by occasionally revealing some of their dirtier secrets. Here is one jewel of a secret that she points to in her article:
White drops a clue in the article as to whom or what might be fueling this new-think. White says Hamilton Place Strategies, a D.C. consulting firm, is “working with banks on image repair.” The web site for Hamilton Place Strategies says it “brings experience and issue expertise to bear for managing media…” Should media be managed? It also says it “shapes the way people and policy makers think about issues and ideas. We bring decades of experience and relationships with leading thought leaders and journalists in Washington and around the world.” And, finally, it notes that it has monitoring techniques “to measure the effectiveness of a communications strategy.”The problem with liberal critics like Martens is that they cling to the illusion of a kinder, gentler form of capitalism that has never existed or will ever exist. In spite of all the recent crimes against society, she soldiers on to joust the evil-doers on Wall Street. I admire her courage, but fault her for her illusory thinking.