Market Fundamentalism

Longview's project on Market Fundamentalism is intended as a resource to explain what Market Fundamentalism is, examine its impact on politics and policy, and provide powerful critiques of its key arguments. We will develop this resource over time, so please continue to visit the site in the coming months.

Market Fundamentalism

 

Market Fundamentalism: Frequently Asked Questions

 

Resources for learning more about Market Fundamentalism

 

Market Myth One

The Market is the only source of innovation and it must be left alone if we want to accelerate technological change

The Origin of the “Personal” Computer

 

The Invention of the Laser

 

The Birth of the Microchip

 

The Rise of the Internet

 

The Story of Magnetic Resonance Imaging

 

New Resource on Market Fundamentalism

Longview is pleased to announce the launch of a new resource on Market Fundamentalism, the unquestioned faith in the capacity of markets to solve all social and economic problems. We hope that this resource will provide both activists and the public with the tools to recognize and refute the flawed arguments that have artificially limited our political choices for too long.

The Development of a Key Cancer Drug: Taxol

 

Market Myth Two

Government will always spend money less productively than private citizens; this is why tax cuts are almost always a good idea

Market Myth No. 3: Regulation of business is wasteful, unproductive and usually unnecessary

Market Fundamentalists have insistently argued that since markets will punish firms that sell shoddy or dangerous products, there is no need for governments to regulate business. But three current battles have made it crystal clear that these claims are dangerously wrong

Market Myth Four: Financial Markets Thrive when Regulation is Kept to a Minimum