The Crisis Of Global Capitalism: Open Society Endangered
Comments:
It's not only me saying that. A long list of prominent people have noticed, described, and given names to this well-known phenomenon over the past four-plus decades. I think it was billionaire investor George Soros who first popularized the term "market fundamentalism" to describe it, back in the 1990's. Josepth Stiglitz, Nobel prize in economics, often talks about it. It's not hard to find hundreds of books on the topic on Amazon. There's nothing arrogant (the opposite of humble) about repeating what all those prominent people have said before me.
If the notion of market fundamentalism is truly news to you, you may want to start here:
https://en.wikipedia.org/wiki/Market_fundamentalism
https://onlinelibrary.wiley.com/doi/10.1111/j.1467-8292.2009...
https://www.amazon.com/Crisis-Global-Capitalism-Society-Enda...
https://news.harvard.edu/gazette/story/2023/03/excerpt-from-...
---
PS. I never said anyone calls it a religious goal. What I did say is that for a lot of business executives and government officials it's akin to a religious goal, i.e., they are unwilling to change their minds about "free markets" even when the facts contradict their beliefs. In fact, they are so unwilling to change their minds that even mathematical proofs -- proofs! -- won't do it.