by Summary:
Mainstream economics is a cult, not a science. It clings to outdated beliefs despite evidence to the contrary. Think of it like a stubborn old car. You know it’s broken. But instead of fixing it, you keep pouring in gas. That’s what mainstream economists do. They ignore the warning lights. Just like Marx contradicted his own Labour Theory of Value, economists ignore anomalies that disprove their models. It’s like trying to fit a square peg into a round hole. No matter how hard you push, it won’t work. Yet they persist, clinging to their theories like a child to a security blanket. Real progress requires abandoning these flawed paradigms. Imagine a gardener refusing to pull out weeds. They’ll choke the flowers. Without change, the garden wilts. The same goes for
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Mainstream economics is a cult, not a science. It clings to outdated beliefs despite evidence to the contrary. Think of it like a stubborn old car. You know it’s broken. But instead of fixing it, you keep pouring in gas. That’s what mainstream economists do. They ignore the warning lights. Just like Marx contradicted his own Labour Theory of Value, economists ignore anomalies that disprove their models. It’s like trying to fit a square peg into a round hole. No matter how hard you push, it won’t work. Yet they persist, clinging to their theories like a child to a security blanket. Real progress requires abandoning these flawed paradigms. Imagine a gardener refusing to pull out weeds. They’ll choke the flowers. Without change, the garden wilts. The same goes for
Topics:
Steve Keen considers the following as important:
This could be interesting, too:
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| Mainstream economics is a cult, not a science. It clings to outdated beliefs despite evidence to the contrary. Think of it like a stubborn old car. You know it’s broken. But instead of fixing it, you keep pouring in gas. That’s what mainstream economists do. They ignore the warning lights. Just like Marx contradicted his own Labour Theory of Value, economists ignore anomalies that disprove their models. It’s like trying to fit a square peg into a round hole. No matter how hard you push, it won’t work. Yet they persist, clinging to their theories like a child to a security blanket. Real progress requires abandoning these flawed paradigms. Imagine a gardener refusing to pull out weeds. They’ll choke the flowers. Without change, the garden wilts. The same goes for economics. Sticking to outdated models chokes innovation. We need fresh ideas. We need to embrace uncertainty. Mainstream economics is like a magician. It distracts you with flashy tricks while the real problems fester. Debt spirals out of control. Inequality widens. The climate crisis looms. Ignoring these issues is like ignoring a fire in your house. You can’t just hope it goes away. You need to confront it head-on. Only then can we build a sustainable future. Let’s stop pouring gas into that broken car. Let’s fix it. Let’s drive toward a better tomorrow. |
That’s right! Call out these Assholes for the assholes they are! By name!! 👍
The first assumption of economics is that there is a free market
Where can one find that
Real economics is easy. Leave the market the hell alone and it'll do great.
laughs in great depression
@@nothanksguy "laughs in [Keynesian misinformation]"
Fixed it for you.
Major contributing factor of the Great Depression was the Federal Reserve dicking around with interest rates.
👌👌👌