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Mainstream Economics: A Cult Exposed

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 It clings to outdated beliefs despite evidence to the contrary.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It clings to outdated beliefs despite evidence to the contrary.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 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Sticking to outdated models chokes innovation.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.
Steve Keen
Steve Keen (born 28 March 1953) is an Australian-born, British-based economist and author. He considers himself a post-Keynesian, criticising neoclassical economics as inconsistent, unscientific and empirically unsupported. The major influences on Keen's thinking about economics include John Maynard Keynes, Karl Marx, Hyman Minsky, Piero Sraffa, Augusto Graziani, Joseph Alois Schumpeter, Thorstein Veblen, and François Quesnay.

6 comments

  1. @MichaeldeSousaCruz

    That’s right! Call out these Assholes for the assholes they are! By name!! 👍

  2. @jerrybeninate6017

    The first assumption of economics is that there is a free market

    Where can one find that

  3. Real economics is easy. Leave the market the hell alone and it'll do great.

  4. 👌👌👌

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