Hindsightism

Yes, we must beware of hindsight-ism. But let us acknowledge that today, at least, we know that the lending industry from 2004 through 2006 was not just pushing it. It had become unhinged—institutionally corrupt, rotten, like a fish, from the head.

Social democrats' achievement in establishing a democratic republic has been rubbished by post-1933 hindsightism.