You are using an outdated browser.
Please upgrade your browser
and improve your visit to our site.
Skip Navigation

Scenes From The Ideas Festival

You don't have to be a Marxist to detect a certain class bias at work in the Atlantic Monthly's "Ideas Festival." Here's a report from Lloyd Grove:

“We are, without question, in a period of decline, particularly in the business world,” [Mort] Zuckerman said. “The real problem we have…are some of the worst economic policies in place today that, in my judgment, go directly against the long-term interests of this country.”
Zuckerman added that he detects in the Obama White House “hostility to the very kinds of [business] culture that have made this the great country that it is and was. I think we have to find some way of dealing with that or else we will do great damage to this country with a public policy that could ruin everything.” ...
[Niall] Ferguson called for what he called “radical” measures. “I can’t emphasize strongly enough the need for radical fiscal reform to restore the incentives for work and remove the incentives for idleness.” He praised “really radical reform of the sort that, for example, Paul Ryan [the ranking Republican on the House Budget Committee] has outlined in his wonderful ‘Roadmap’ for radical, root-and-branch reform not only of the tax system but of the entitlement system” and “unleash entrepreneurial innovation.” Otherwise, Ferguson warned: “Do you want to be a kind of implicit part of the European Union? I’d advise you against it.”
This was greeted by hearty applause from a crowd that included Barbra Streisand and her husband James Brolin. “Depressing, but fantastic,” Streisand told me afterward, rendering her verdict on the session. “So exciting. Wonderful!”
Brolin’s assessment: “Mind-blowing.”

A person's economic interests don't tell you everything there is to know about their ideas. Still, there's a wild lack of self-awareness involved in an "ideas festival" consisting of very rich people demanding that economic policy be made more congenial to the interests of very rich people.