this post was submitted on 06 Sep 2023
125 points (98.4% liked)
politics
22212 readers
25 users here now
Protests, dual power, and even electoralism.
Labour and union posts go to !labour@www.hexbear.net.
Take the dunks to /c/strugglesession or !the_dunk_tank@www.hexbear.net.
!chapotraphouse@www.hexbear.net is good for shitposting.
Do not post direct links to reactionary sites.
Off topic posts will be removed.
Follow the Hexbear Code of Conduct and remember we're all comrades here.
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Here's another quick little joke about the fault in modern economics https://www.smbc-comics.com/comic/2013-01-14
Then there's some other stuff like how modern economics assumes we have infinite resources and everyone is a rational actor. These days they're being more "nuanced" in that they say they know these things are wrong, but they're good for modelling
There's a field called "nowcasting" which is the field of determining wether were in a recession at this moment.
Economics presents a lot of axioms and pretend these are built on absolute facts, when these things are neither so concrete as to be an axiom nor based on any real evidence.
Things like inflation being bad and the way to go against it is to give poor people less money.