Wendy Brown on the Financial Crisis.

The transcript discusses the 2008 financial crisis, questioning why the system wasn't challenged then. It highlights political movements like Occupy and the Tea Party as reactions to free market policies. The blame on government over banks is analyzed, noting the private sector's influence on policy. The text critiques the false dichotomy between government and private sector, emphasizing the need for democratization and alternatives to neoliberalism.

What was one of the main criticisms of the free market system following the 2008 financial crisis?

• It was not profitable enough.

• It led to a near collapse of the entire system.

• It was too heavily regulated.

• It was too focused on environmental issues.

Which political movements emerged as a response to the financial crisis, according to the transcript?

• Green Party and Libertarian Party

• Democratic Party and Republican Party

• Occupy and Tea Party

• Socialist Party and Communist Party

Why did the government receive more blame than the big banks for the 2008 crisis?

• The government had more financial resources.

• The government had no role in the financial sector.

• The government was seen as having failed to enforce existing laws.

• The big banks were not involved in the crisis.

What role did private sector interests play in shaping financial policies?

• They worked to increase government control over banks.

• They focused solely on environmental regulations.

• They lobbied to maximize their gains and minimize risks.

• They had no influence on financial policies.

What is suggested as a necessary alternative to the current economic and political systems?

• A return to pre-2008 financial policies

• Complete deregulation of all industries

• Deep democratization at regional and local levels

• Increased centralization of power