"We have been living in an ideological bubble — one of market fundamentalism.From the trauma of the Great Depression to 1973, there was a broad consensus across the democratic world that markets were absolutely essential to generate wealth, but they will also cause all sorts of problems if they are left unregulated. Economists like JM Keynes and JK Galbraith taught us that if you abolish markets, you get starvation; but if you abolish all the democratic checks and balances on markets, you get a system that eats itself. Unregulated businesses will cause unsustainable levels of pollution and inequality, and ultimately start pursuing unhinged business models that cause the whole system to collapse."
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"Has market fundamentalism had its day?", The Independent (20 March 2008)
https://en.wikiquote.org/wiki/Johann_Hari
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Johann Hari
Johann Hari (born 21 January 1979) is a British journalist and writer. He was a columnist for The Independent, but left the paper in 2011 after admitting multiple charges of plagiarism and making malicious edits of several of his critics' Wikipedia pages using a pseudonym. He has also been a columnist for the Evening Standard and a regular arts critic on the BBC's Newsnight Review. He is a self-described "European social democrat". Hari won the Orwell Prize for Journalism in 2008, but the award
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