Market extremists amok: and how best to dethrone them. (Gazette).

MARKET EXTREMISM doesn't wear hoods, white sheets, or armbands. Skinheads in its ranks are few. Suicide bombers in its cause are even fewer.

But the essence of extremism, as opposed to other specific "isms," is to extend--harshly, rigidly, and dangerously--a commitment and ideology that in softer and milder forms can be acceptable or useful. Worship of an unfettered, self-justifying marketplace developed in exactly this harsh, rigid form during the 1980s and 1990s. The infamous practices of Enron--where market mania turned abusive, with the help of the Bush ...

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