@weatherwest

I really wish American hadn't been consistently ruled by fossil fuel morons and had instead listened to James Hansen in 1988.

@PttP

Oh man the rich people hated the Limits to Growth.

Even though our world trajectories looks quite similar to one of their collapse scenarios.

@alienghic Yep, the rich people, and even worse, their apologists. The economist whose paper trashed LTG (disingenuously & inaccurately) went on to win the Nobel Prize & teach at Harvard! Neoclassical Economics virtually dismisses any effects of AGW on "the economy!"

And yes! How many people today realize that we are living in a collapse scenario?

@PttP

I've noticed that economists who write excuses for why the rich should be rich get showered with a great deal of money and press coverage.

@alienghic Exactly! And the scale is almost inconceivable! Academic economics is virtually captured by believers in the Neoclassical paradigm. Dissenting views are typically banished.

And who do politicians listen to? You guessed it! And they're "Climate Change Doesn't Matter"-ing us into oblivion...

Sometime when you have an hour, Prof Steve Keen, a "heterodox" economist, is worth a listen:

https://youtu.be/5LvyxH3O7kE

@PttP @alienghic

If you follow Simon Clark at all, he’s done a video on the climate denialism in that era. Professor Keen is mistaken in one sense about Nordhaus by depicting him as suffering a case of bad model.

Nordhaus worked for science denial lobbyists. In other words, he’s a paid assasin. He’s paid to deceive people. This is the greatest fault. I lay at Keen’s feet is that he argues this is some sort of academic game over truth when the topic is moral malignancy.

@PttP @alienghic

In short, mainstream economics, the neoliberalism that Keen correctly, debunks is not a project of bad math it is a deliberate criminal malignant ideology, deliberately crafted to legitimized totalitarian rule by wealth.

This isn’t an academic exercise. This is a deliberate methodical campaign to destroy our sovereignty and it’s been very successful. It’s not an academic matter. It is a political matter of our sovereignty.

@GhostOnTheHalfShell @alienghic While I consider faulting Prof Keen to be a useless tangent, I came in to his classes thinking exactly as you do - and I still do, as far as neoliberalism is concerned.

On that topic I have been delighted with the work of Prof Clara E. Mattei. Currently reading her new book "Escape from Capitalism: An Intervention." Enthusiastically endorse!

@PttP @alienghic

We are on the same page then. I find her to be an absolute treasure. The issue before us is not economic theory, but public affairs. The fundamental crisis of economics is that it is a discipline that is holy unfit for purpose.

Mattei deals with economy in the appropriate way as a matter of decision-making power. Economics is an ideology.

One aspect of economics has to deal with what is manufacturing and material engineering. The other part is social structure.