anekantaMar 30, 2025
অর্থনীতির অতিমারী, অর্থের-নেতির বি-কল্প-না
https://shorturl.at/vGzwP
#Economics, #Economism,
#Neoclassical_Economics,
#Marxist_Economics,
#Tagore_Studies,
#Climate_Crises,
#Econocene,
#Michel_Foucault,
#Ecosophy,
#Ecological_Economics,
#Buddhist_Economics,
#Electronic_Capitalism,
#Digital_Capitalism,
#Indian_Economic_Crisis,
#Glocalization,
#Chaosophy,
#Against_Monetary_Economics,
#Political_Economy,
#Savage_Capitalism, #Canni_ballistic_Capitalism, #Crony_Capitalism,
tanya tussingSep 19, 2024

Excellent topic, @pluralistic -- #Economism

"Before the rise of economism, it was common to speak of its subjects as "political economy" or even "moral philosophy" (#AdamSmith , the godfather of capitalism, considered himself a "moral philosopher"). "Political economy" implicitly recognizes that every policy has squishy, subjective, qualitative dimensions that don't readily boil down to math."

https://pluralistic.net/2024/09/18/falsifiability/

Love graphic - high preist
#MiltonFriedman @ Economism's altar #PoliEcon

Pluralistic: There’s no such thing as “shareholder supremacy” (18 Sep 2024) – Pluralistic: Daily links from Cory Doctorow

Show threadSimulated Chollas 🍉 🥭 🌵Sep 28, 2023
“Adopting right wing racism ultimately means making these ideas socially acceptable and enabling their main propagators… Movements are built by uniting people in a common struggle not in pandering to the prejudices of the most reactionary part of the class.” https://www.theleftberlin.com/the-choice-is-not-between-social-movements-and-workers-rights-we-need-both/ #tailism #racism #marxism #economism
The choice is not between social movements and workers’ rights. We need both

The politics of Sahra Wagenknecht revisited

The Left Berlin
Show threadFeralRobotsAug 8, 2023

Also add this to the "#SearchEngines Suck Now" file, since #google* now prioritizes ads & sales listings above all else. Commerce is king, right? The Holy Market** is now the metaphor to rule all metaphors.
#economism #marketism

_
* & I'm sure DuckDuckGo, I've honestly never noticed them to be much better on this
** Adam Smith would spin like a dynamo in his very Scottish Reform grave at this.

https://www.theverge.com/22291828/sandisk-extreme-pro-portable-my-passport-failure-continued

We just lost 3TB of data on a SanDisk Extreme SSD

If you’re thinking of buying a SanDisk Extreme Pro, Extreme Portable, Extreme Pro Portable, or WD MyPassport SSD, know that some buyers are losing data — even after a fix.

The Verge
Show threadFeralRobotsAug 7, 2023
I may write more about this later, but the take is basically reframing the interactions between soil fungus & trees as economic transactions. I'm almost less disturbed about the loss of ecological perspective than I am about the valorization of economic perspective, because I fail to see how that accomplishes anything but to impoverish our understanding of what's being discussed.
#economism
FeralRobotsAug 7, 2023
Listening to a science podcast where they're working very hard to reframe ecology in economic terms without ever explaining the benefit they hope to accrue from that.
#economism
Show threadCory DoctorowMay 16, 2023

It's pure #economism: "If economists wished to study the horse, they wouldn’t go and look at horses. They’d sit in their studies and say to themselves, ‘What would I do if I were a horse?’"

https://pluralistic.net/2022/10/27/economism/#what-would-i-do-if-i-were-a-horse

But, as Mark Paul writes for *#TheAmericanProspect*, rent control *works*:

https://prospect.org/infrastructure/housing/2023-05-16-economists-hate-rent-control/

Rent control doesn't constrain housing supply:

https://dornsife.usc.edu/pere/rent-matters

At least some of the time, rent control *expands* housing supply:

https://onlinelibrary.wiley.com/doi/full/10.1111/j.1467-9906.2007.00334.x

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Pluralistic: 27 Oct 2022 Substituting economics for politics is a failure – Pluralistic: Daily links from Cory Doctorow

Show threadCory DoctorowMay 4, 2023

Hardin went on to pioneer the idea of #LifeboatEthics, a greased slide to mass-extermination of "inferior" people (Hardin was also a #eugenicist) in order to save our planet from "overpopulation."

Hardin's flawed account of the commons is a sterling example of the problem with #economism, the ideology that underpins neoclassical economics:

https://pluralistic.net/2022/10/27/economism/#what-would-i-do-if-i-were-a-horse

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Pluralistic: 27 Oct 2022 Substituting economics for politics is a failure – Pluralistic: Daily links from Cory Doctorow

Miguel Afonso CaetanoApr 3, 2023

#Economics #Economism #Neoliberalism #ChicagoSchool: "Economism's core method is reducing human interaction to "incentives," to the exclusion of morals or ethics – think of Margaret Thatcher's insistence that "there is no such thing as society." Economism reduces its subjects to homo economicus, a "rational," "utility-maximizing" automaton responding robotically to its "perfect information" about the market.

Economism also insists that power has no place in predictions about how policies will play out. This is how the Chicago School economists were able to praise monopolies as "efficient" systems for maximizing "consumer welfare" by lowering prices without "wasteful competition."

This pretense of mathematical perfection through monopoly ignores the problem that anti-monopoly laws seek to address, namely, the corrupting influence of monopolists, who wield power to control markets and legislatures alike. As Sen John Sherman famously said in arguing for the Sherman Act: "If we will not endure a King as a political power we should not endure a King over the production, transportation, and sale of the necessaries of life.""
https://pluralistic.net/2023/04/03/all-models-are-wrong/#some-are-useful

Pluralistic: The problem with economic models (03 Apr 2023) – Pluralistic: Daily links from Cory Doctorow

Show threadCory DoctorowApr 3, 2023

This model-first pretense of neutrality is a key component of #neoliberalism, which saw a vast ballooning of economists in government service - #FDR employed 5,000 economists, while #Reagan relied on 16,000 of them. As the jargon and methods of economics crowded out the language of politics, this ideology-that-insisted-it-wasn't got a name: #economism.

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