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prewett 17 hours ago

Do they see coming the predictable failure-modes of left-wing economies, though? History seems to suggest not. Also, did "the entire left-wing" see specifically a debt crisis through bad assumptions of creditworthy mortgage securities coming, or they just saw "capitalism" as a failure and here is a specific case, aren't we so prescient. That's not a prediction.

runarberg 16 hours ago | parent [-]

Left wing economists saw the former. Left wing as a whole saw the latter.