If I could pick one idea to purge from the American psyche, it would be the idea that rich people are special, magical wealth leprechauns who must be allowed to pursue their interests without hindrance lest the entire economy collapse.
via Crooks and Liars, C&L Opening Bell: Legalizing fraud.
It’s related to the fragile flower of free enterprise theory, as in “Don’t breathe! you’ll crush the endlessly resilient free market.”
It’s unfortunately corollary is the don’t expect much from free enterprise theory which argues that free enterprise is the most effective blah blah blah wealth producing mechanism on earth, but don’t count on it for your retirement, medical care, housing, food or just about anything else.