Who Didn’t Know?

parker-palmer“I don’t think we should ever doubt our capacity to deny reality. Until you get to be my age, you really believe you’re not gonna die – that fundamental fact of human life. That’s part of our problem. I could make the same argument about the current economic collapse. Who didn’t know this was coming? Who didn’t know that a system that encouraged us to live beyond our means – and provided all kinds of devious and ethically doubtful ways for us to do so – was going to fall apart someday? Who didn’t know that housing was overvalued and stocks were overpriced? Who didn’t know a system that makes the rich richer while the poor get poorer would someday face a curtain call? We all knew it at some level, just like we all know we’re going to die. And yet our capacity to deny reality is huge and I think that we don’t want to know what we really know because if we did then we’d have to change our lives.” – Parker Palmer [on Bill Moyers’ Journal]

8 thoughts on “Who Didn’t Know?”

  1. “Who didn’t know a system that makes the rich richer while the poor get poorer would someday face a curtain call” — Really, I've heard this absurd liberal lie way too long. This is nothing more that class warfare rhetoric. Mankiw's discussed the “real wage decline” issue awhile ago:
    http://gregmankiw.blogspot.com/2006/08/how-are-

  2. So let’s address the actual message – which is that this whole thing was foreseeable. You know that; you and I had conversations about it years before it came unraveled.

  3. I agree that his larger point is valid, although the reader can easily be sidetracked by the populist references.

    It is funny how we were both right about the about the economic mess a few years ago. You were screaming about the house of cards, and I said the Federal government would come to the rescue (even though they shouldn't).

  4. I agree that his larger point is valid, although the reader can easily be sidetracked by the populist references.

    It is funny how we were both right about the about the economic mess a few years ago. You were screaming about the house of cards, and I said the Federal government would come to the rescue (even though they shouldn't).

  5. So let’s address the actual message – which is that this whole thing was foreseeable. You know that; you and I had conversations about it years before it came unraveled.

  6. I agree that his larger point is valid, although the reader can easily be sidetracked by the populist references.

    It is funny how we were both right about the about the economic mess a few years ago. You were screaming about the house of cards, and I said the Federal government would come to the rescue (even though they shouldn't).

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