The Financial Times ran an editorial whose title is "Tax Lunacy: The US administration throws prudence out of the window." Big capital is worried about the directions of the Bush administration on economic and other issues. Immanuel Wallerstein believes the Bush policy is deliberate, though lunacy. He attempts to show how the U.S. hawks think by going back two centuries surveying ruling class responses to the French Revolution and the world revolutions od 1848 and 1968.