A cappella  

Every time we hear/read/watch/talk about inflation/interest rates/ recession, we should remember THIS IS CAPITALISM!

Economics is not a 'natural science'; capitalism's structures/functions/effects are not nature's law- like those elucidated by biology or physics.

It's a social construction wherein our lives/deaths are determined by those who control all of nature's resources for their own short-termed benefit!

We accept the horrors of capitalism as though they are natural/ unavoidable.

We accept the language of capitalism because we've been duped by the power and allure of wealth.

Dec 18, 2022 at 4:29pmWeb
Show threadHetep 🌻💙🌵🐴🌊Dec 18, 2022
@waldenecovillage https://stitcher-injected.simplecastaudio.com/2be48404-a43c-4fa8-a32c-760a3216272e/episodes/7c127240-debb-46f4-bd8f-986585bf23b4/audio/128/default.mp3/default.mp3_ywr3ahjkcgo_691dc8e07c11da1a805dbb21e7bb362c_73674972.mp3?aid=rss_feed&awCollectionId=2be48404-a43c-4fa8-a32c-760a3216272e&awEpisodeId=7c127240-debb-46f4-bd8f-986585bf23b4&feed=Y8lFbOT4&sc=siteplayer&aw_0_1st.playerid=siteplayer&hash_redirect=1&x-total-bytes=73674972&x-ais-classified=streaming&listeningSessionID=0CD_382_351__f72704861d72c7e0496ab442c04de83145f3276d
And Yet Adam Smith didn't follow the Chicago School! This is a good listen!
Show threadLisa LaMagnaDec 18, 2022
@waldenecovillage Because there is no inflation in socialist or communist countries?
Show threadAnAlexDec 19, 2022
@waldenecovillage Especially in this case. Like it’s mostly driven by corporate profits at least in the US where I live, and if it weren’t for capitalist dogma we could just….cut corporate profits. Don’t get me wrong inflation is a real issue with currencies, but the solution should not be making people poorer to reduce demand.