RE: https://mastodon.social/@tanyatussing/116346855124702428

From #MikeKonczal : "The romance of #markets as self-correcting, dynamic, and resilient machines has made us forget about the crisises, collapse, and depressions that have always come with #capitalism. But it has also made us forget how necessary the legal and political environment is to creating #innovation and #Prosperity , and how vulnerable it becomes when the economy is treated as the mere property of owners.”

#Economics #PoliEcon #EconomicMyths

@tanyatussing

"the crisises, collapse, and depressions that have always come with #capitalism."

Usually as the direct result of government interference with the free market, AKA violating one of the core tenets of capitalism.