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Bill Black: The Handmaiden of Capitalism v. the "Swamp" Denizen of Detroit

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The self-described "Handmaiden to Capitalism's" reaction to my critique of her work

Heidi Moore is the finance editor for The Guardian. She has also worked for the Wall Street Journal and Marketplace. Two of my columns have discussed the economic myths that Moore embraces to champion austerity. My first column cited her pro-austerity columns as an example of one of the central problems we face globally. Many prominent individuals who consider themselves progressives embrace austerity. Indeed, many socialists in Spain and Greece designed and inflicted austerity -- producing Great Depression-level unemployment in both Nations. Much of the German left's leadership supports austerity. The Guardian considers itself a progressive newspaper, but its financial editor is an austerian whose non-ironic, self-selected tag is "Handmaiden to Capitalism."

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At neweconomicperspectives.org

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