r/TrueReddit • u/Maxwellsdemon17 • 6d ago
Business + Economics Economics teaching has become the Aeroflot of ideas. The discipline is failing students by ignoring the biggest social, political and ecological challenges facing the world today
https://www.ft.com/content/9aabb4a9-d896-4b4c-a40a-1c4477a47a29
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u/xena_lawless 6d ago
People need to understand that in the US, landlords/parasites literally re-wrote the entire field of economics around the turn of the 20th century in order to hide their parasitism, and even the phenomenon of parasitism.
https://evonomics.com/josh-ryan-collins-land-economic-theory/
Whereas China solved their parasite problem to a much greater extent a long time ago, which made them much more attractive for capital investment.
So they're now set up to dominate the coming decades and centuries as a result.
Chinese IQs are about 10% higher on average than the US, and they don't have to dumb down their populations as significantly in order to maintain the status quo.
Mainstream "economists'" role in this cursed society is similar to that of medieval priests, hiding and justifying an abusive, extractive social order with nonsense dogma.
https://truthout.org/articles/economic-theorists-the-high-priests-of-capitalism/
https://www.imf.org/en/Publications/fandd/issues/2024/03/Symposium-Rethinking-Economics-Angus-Deaton
I recommend everyone read The Conquest of Bread by Peter Kropotkin, Progress and Poverty by Henry George, Killing the Host by Michael Hudson, or Imperialism: The Highest Stage of Capitalism by Lenin to help see through all the neoliberal/kleptocratic dogma people are brainwashed with.
Unfortunately, deception and misdirection are only some of the pieces of how our ruling parasite/kleptocrat class are able to get away with crimes against humanity, but they're important to see through nonetheless.