Show Notes
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#marketfundamentalism #antigovernmentpropaganda #ChicagoSchooleconomics #businessinfluenceontextbooks #regulationanddemocracy #TheBigMyth
The Big Myth is a nonfiction history and political analysis by Naomi Oreskes and Erik M. Conway that examines how free market ideology became a dominant American belief system. Rather than treating market fundamentalism as a natural outcome of economics, the book argues that it was built through a long campaign by business leaders, allied intellectuals, and media institutions to make government look suspicious and markets look self-correcting. The authors trace how this idea developed across the twentieth century, moving from early anti-regulatory arguments to broader cultural and political influence. The book is not a technical economics text; it is an argument about persuasion, power, and the shaping of public common sense. Its purpose is to show how ideas about economic freedom were linked to political freedom, and how that linkage helped justify resistance to labor protections, consumer regulation, and social programs.