Capitalism's been giving itself some extremely bad press lately. Finance capital's approval ratings (if any were taken on a regular basis) have to be at as low a level as at any other time in the last hundred years.
Even the mainstream business press seems at a loss to justify the new mantra of austerity in any way that makes sense. The 'shock doctrine' as applied to the current historical moment has meant yet another tired strategy of attacking the welfare state and privatizing everything, while unemployment skyrockets and life becomes more tenuous for everyone, even in the richer northern states (everyone but the 1 per cent, of course).
'Deregulation for Wall Street crooks' is one chapter of a manuscript entitled, Wall Street Thieves: the Crisis of Capitalism and the 99% Movement for a Just and Better World. I wrote the first draft of this book from Havana where I live half the year with my Cuban wife and family. Over the three months from November to January as I was writing the original draft, the rapid spread of the 99 per cent movement in the US and elsewhere was unfolding.