JerameeIf Ayn Rand's own life wasn't enough to show that libertarianism is a failed idea, we now have further evidence.
vy@Jeramee Economists do a lot to sell the libertarian nonsense. For example, in many economics models, government is treated as a cost only - as if public schools, roads, R&D, etc. were just drags on economic progress.
@vy
Prof Wolff describes western business as having 2 schools in academia. One is the regular business school that focuses on the day-to-day workings of a business. The other is the school of Economics, which is necessary to propagandize & rationalize the otherwise unacceptable decisions of the business community.
Prof Wolff describes western business as having 2 schools in academia. One is the regular business school that focuses on the day-to-day workings of a business. The other is the school of Economics, which is necessary to propagandize & rationalize the otherwise unacceptable decisions of the business community.
@Jeramee It's a nice line, but what business schools teach is ideological too and I think the main focus of academic neoclassical econ is to sell right wing politics and ideology. https://krebscycle99.net/2020/12/12/inventing-the-minimal-state/
