2016 Postmortem
In reply to the discussion: Krugman: Sanders campaign needs to stop feeding the right-wing disinformation machine [View all]Armstead
(47,803 posts)"Sanders has made restoring Glass-Steagal and breaking up the big banks the be-all and end-all of his program."
No it is one part of his program.
"too big to fail was at best marginal,"
Gee I seem to remember economists, and officials and bankers and analysts and bankers of all stripes saying that the crux of the collapse and bailout om 2008-2009 was the fact that we had to prop up these big financial institutions BECAUSE they were "too biog to fail" and would take the economy down with them.
"That is, a strong social safety net that protects everyone against avoidable misery, workers with substantial bargaining power, strong environmental policy; not an equalized society, not a Utopia, but someplace where basic decency is a fundamental principle. But nothing like that is going to happen in America any time soon. "
It sure as hell isn't going to happen if everyone says it will never happen, as though we are a nation of chained whipped dogs with no opportunity for escape. If we as a society don't demand better we'll continue to get worse.