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Crude economism took over our society

Summary:
From Ikonoclast Democracy is seen mainly as a hindrance to economics. Technology and science are funded (or not funded) mainly at the behest of economics. Production science which assists corporate capitalism gets massive subsidies. Impact science (ecology, climate science etc.) gets pitiful funding by comparison. It is not so much the unintended consequences of technology and science which are causing climate change (for example) but the ignored consequences of technology and science mustered at the behest of and in the manner specified by capital which are causing climate change. This is a crucial distinction.I think people are trying to correct a great distortion which has occurred. Speaking of babies and bathwater, what could we regard as the great advances of the modern era? I

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from Ikonoclast

Democracy is seen mainly as a hindrance to economics. Technology and science are funded (or not funded) mainly at the behest of economics. Production science which assists corporate capitalism gets massive subsidies. Impact science (ecology, climate science etc.) gets pitiful funding by comparison. It is not so much the unintended consequences of technology and science which are causing climate change (for example) but the ignored consequences of technology and science mustered at the behest of and in the manner specified by capital which are causing climate change. This is a crucial distinction.I think people are trying to correct a great distortion which has occurred. Speaking of babies and bathwater, what could we regard as the great advances of the modern era? I mean the era running from 1500 to the present day. I would take them to be the rise of technology, science, democracy and economics. What do we hear about most today? We hear about (conventional) economics ad nauseum. It’s almost as if technology, science and democracy have been treated as bathwater and thrown out.

We could have used technology, science and democracy in much better ways but crude economism took over our society and specified and controlled the ways we could and could not utilize technology, science and democracy. This is our central problem.

https://rwer.wordpress.com/2019/07/14/why-economic-models-do-not-give-us-explanations/#comments

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