The Invisible Hand Job of the Market

Among the many, many bad news stories coming out of Iraq, Juan Cole reports (third item) that unemployed factory workers have started protesting the fact that they are, well, unemployed.

It seems that the occupation shut down these factories in the hope that capitalism would magical restart them in a matter of months (weeks). So far it has not happened. The magical market fairies have not descended on Iraq to fix things up.

I think you can make a case for market economies, but the neocon architects of Iraq do not appeal to the market as an economic mechanism, rather they entreat it as it were a god.