Why does this sound so familiar? The episode suggests one reason that the crisis went unchecked: A dangerous all-or-nothing orthodoxy had come to dominate the policy debate, where one was either for free markets or against them.
It reminds me of the artists' notion that one either lives within a tradition of artists' thinking or outside it. One either believes that no one can nor should ever really teach painting, teach expression, ie; one is in favor of the orthodoxy of free-form "do whatever you want." OR one is a member of some cultish neo-religious movement.
You can have your tradition - your philosophy - but certainly to argue in favor of it is to support the wholesale imposition of your philosophy onto others who are also free to make-up their own philosophies, presumably and preferibly those will be invented with as little historical or academically informed influence as possible. That is, your argument, because it takes the form of argument - regulated dialogue, logical inquiry - is invalidated because it imposes upon freedoms. A bit flat-earthish, but there you have a good excuse for the necessity of "marketing" chachkees instead of appreciating items, arguments, and well-crafted artefacts.