Finance capitalism is an outgrowth of self-healing markets and too-big-to-fail banks, perverse business models and perverse incentives where speculation and creating money out of thin air are normalized.
to watch the 1hr 38 min 2012 video "The Four Horsemen" with Noam Chomsky, Simon Johnson, Joseph Stiglitz, John Perkins, Michael Hudson and Herman Daly, click on
http://www.youtube.com/watch?v=5fbvquHSPJU
RELATED ARTICLES :"The 27 Principles" http://www.renegadeeconomist.com/fourhorsemenfilm/the-27-principles.html
"The Thirteen Commandments of Neoliberalism" by Philip Mirowski June 19, 2013
http://www.the-utopian.org/post/53360513384/the-thirteen-commandments-of-neoliberalism
[1] THOU SHALT REVIVE AUTHORITY IN A NEW GUISE [2] THOU SHALT ERASE DISTINCTIONS [3] THOU SHALT WORSHIP “SPONTANEOUS ORDER” [4] THOU SHALT RETASK THE STATE TO THY NEEDS [5] THOU SHALT REDEFINE DEMOCRACY [6] THOU SHALT BECOME THE MANAGER OF THYSELF [7] THOU SHALT REDEFINE FREEDOM AND KNOWLEDGE [8] THOU SHALT KEEP THY CRONYISM COSMOPOLITAN [9] THOU SHALT KNOW THAT INEQUALITY IS NATURAL [10] THOU SHALT NOT BLAME MONOPOLIES AND CORPORATIONS [11] THOU SHALT TRUST THE BANKERS [12] THOU SHALT REDFINE CRIME [13] THOU SHALT ACCOMMODATE THE RELIGIOUS RIGHT
Original: VIDEO: "The Four Horsemen"