Market, Media And Mediocrity

Ignoring historical arguments on issues such as market, political economy, capital, and labour has great potential danger. The currently pervasive connotation of ‘liberalisation’ to mean virtually only the freeing of private ‘market’ from ‘normative’ social regulations, looks rather archaic in the light of enormously perceptive discourse developed, with the advent of capitalism, on this issue and its offshoots such as freedom, liberty and social justice. A calculated neglect of this insightful historical scholarship and wisdom appears – consequentially – analogous to the religious fanatics’ strategic harping on relatively crude, ritualistic and watered-down aspects of religion vis-à-vis its tolerant and humanistic core.