Political economics.
An interesting perspective on the similarities of the UK and Soviet economies by Abby Innes.

https://youtu.be/zb07GSYG_sY?si=N3FhzALxGzssBalG

They both try to provide a machine model of the economy, assume completely efficient systems and are closed (assumed perfectly deterministic, no feedback control).

It's so obviously why nothing works in this country, including the water industry.

#SouthernWaterRCriminals
#Justiceforwater
#legal
#boycottwaterbills

How neoliberalism broke economics | Dr Abby Innes

YouTube