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It is interesting to read what the intelligent, but worried, liberals from the ruling class think. Krugman even thinks that only "the people" could stop the slide towards "an American-type authoritarianism ".   How hypocritical of one of the defenders of the system. Krugman is officially known among the mainstream economists as someone who has been critical of this and that policy and how to mangae capitalism and the malfunctions within the system, i.e. a neo-Keynesian. He opposed what others called "the financial terrorism" inflicted upon Greece. He, as the Economist magazine argued, blamed most of the problems on Bush and his administration.
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