Though it appears as an established and rigorous science, the assumptions of modern economics were formulated in response to fierce social and political struggle between labor and capital
Thank you for this summary. That modern economists are searching for the elusive ’balance’, which supposedly makes everything perfect explains so much.
This was incredibly written. This goes hand in hand with the Independence of Central Banks. The excuse is centred around depoliticisation and economics rationalisation.
Modern economists and anyone having a decent MacroEcon101 professor completely understand today's dynamic.
Corporate oligarchy enabled fascism. Specifically, the oligarchs using antitrust violations as a business model. The living definition of IMPERIALISM. Economically speaking. Politically, it's totalitarian despotism.
Thank you for this summary. That modern economists are searching for the elusive ’balance’, which supposedly makes everything perfect explains so much.
I’m so glad you found it useful.
Thatcherite theory writ large. Very pertinent writings
This was incredibly written. This goes hand in hand with the Independence of Central Banks. The excuse is centred around depoliticisation and economics rationalisation.
Modern economists and anyone having a decent MacroEcon101 professor completely understand today's dynamic.
Corporate oligarchy enabled fascism. Specifically, the oligarchs using antitrust violations as a business model. The living definition of IMPERIALISM. Economically speaking. Politically, it's totalitarian despotism.