Sunday , January 26 2020
Home / Mike Norman Economics / How Economists Tricked Us Into Thinking Capitalism Works — Robert R. Raymond

How Economists Tricked Us Into Thinking Capitalism Works — Robert R. Raymond

Summary:
Studies have determined that the Homo economicus personality is an extremely rare one. Instead, most humans are marked by a deep capacity for reciprocity, cooperation and selflessness.… TruthoutHow Economists Tricked Us Into Thinking Capitalism Works Robert R. RaymondSee also In India, the ‘development’ paradigm is premised on moving farmers out of agriculture and into the cities to work in construction, manufacturing or the service sector, despite these sectors not creating anything like the number of jobs required. The aim is to displace the existing labour-intensive system of food and agriculture with one dominated by a few transnational corporate agri-food giants which will then control the sector. Agriculture is to be wholly commercialised with large-scale, mechanised (monocrop)

Topics:
Mike Norman considers the following as important: ,

This could be interesting, too:

Mike Norman writes The Sacrificial Rites of Capitalism We Don’t Talk About — Lynn Parramore

Mike Norman writes Nick Hanauer — How to Destroy Neoliberalism: Kill ‘Homo Economicus’

Mike Norman writes Wim Hordijk — The Evolutionary Roots of Irrationality

Mike Norman writes Alexander Beunder — Behavioral Economics: Still Too Devoted To Homo Economicus?

Studies have determined that the Homo economicus personality is an extremely rare one. Instead, most humans are marked by a deep capacity for reciprocity, cooperation and selflessness.…
Truthout
How Economists Tricked Us Into Thinking Capitalism Works
Robert R. Raymond

See also

In India, the ‘development’ paradigm is premised on moving farmers out of agriculture and into the cities to work in construction, manufacturing or the service sector, despite these sectors not creating anything like the number of jobs required. The aim is to displace the existing labour-intensive system of food and agriculture with one dominated by a few transnational corporate agri-food giants which will then control the sector. Agriculture is to be wholly commercialised with large-scale, mechanised (monocrop) enterprises replacing family-run farms that help sustain hundreds of millions of rural livelihoods while feeding the urban masses.
Renowned journalist P Sainath encapsulates what is taking place when he says that the agrarian crisis can be explained in just five words: hijack of agriculture by corporations. He notes the process by which it is being done in five words too: predatory commercialisation of the countryside. And he takes five works to describe the outcome: biggest displacement in our history….
Duplicating enclosure and forced industrialization in the West.

Counterpunch
Capitalism and the Gut-Wrenching Hijack of India
Colin Todhunter

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *