If the rich are the most dangerous minority, it also needs to be said (as Steve Keen does) that:
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If the rich are the most dangerous minority, it also needs to be said (as Steve Keen does) that:
'The most dangerous sincere believers on this planet are not religious extremists, but mainstream economists. They will destroy capitalism, precisely because they falsely believe that it is indestructible'!
However, for those of us brought up on Karl Marx, the idea that capitalism has within it the seed(s) of its own destruction (here in the guise of economists) is hardly news.....
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If the rich are the most dangerous minority, it also needs to be said (as Steve Keen does) that:
'The most dangerous sincere believers on this planet are not religious extremists, but mainstream economists. They will destroy capitalism, precisely because they falsely believe that it is indestructible'!
However, for those of us brought up on Karl Marx, the idea that capitalism has within it the seed(s) of its own destruction (here in the guise of economists) is hardly news.....
@ChrisMayLA6 So when I was working as a high tech mercenary for Forex traders, I didn't know about Susan Strange's work "Casino Capitalism". They were all gazing into a Black-Scholes crystal ball...
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If the rich are the most dangerous minority, it also needs to be said (as Steve Keen does) that:
'The most dangerous sincere believers on this planet are not religious extremists, but mainstream economists. They will destroy capitalism, precisely because they falsely believe that it is indestructible'!
However, for those of us brought up on Karl Marx, the idea that capitalism has within it the seed(s) of its own destruction (here in the guise of economists) is hardly news.....
I’ve gained a certain amount of daylight between Keen, because he doesn’t seem to understand what old man Karl said, what cultural anthropology says, and what journalism says about what I choose to call conservative economics. It’s very much an ideological project meant to legitimize economic and political consolidation. Clara Mattei adds documentation
This is the source of daylight, because he disassociates the main actors who do what the rich always do: become despots.
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If the rich are the most dangerous minority, it also needs to be said (as Steve Keen does) that:
'The most dangerous sincere believers on this planet are not religious extremists, but mainstream economists. They will destroy capitalism, precisely because they falsely believe that it is indestructible'!
However, for those of us brought up on Karl Marx, the idea that capitalism has within it the seed(s) of its own destruction (here in the guise of economists) is hardly news.....
@ChrisMayLA6 It is for good reason that for almost 200 years #economics has been known among snarky intellectuals as “the dismal #science.”
️ https://en.wikipedia.org/wiki/The_dismal_science -
If the rich are the most dangerous minority, it also needs to be said (as Steve Keen does) that:
'The most dangerous sincere believers on this planet are not religious extremists, but mainstream economists. They will destroy capitalism, precisely because they falsely believe that it is indestructible'!
However, for those of us brought up on Karl Marx, the idea that capitalism has within it the seed(s) of its own destruction (here in the guise of economists) is hardly news.....
@ChrisMayLA6 In nature parasites left unchecked will eventually kill the host. Don't see how Capitalism does not naturally equate to a parasitic hive organism. We're just at the part that it's obvious just how ill the host is.
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R relay@relay.publicsquare.global shared this topic
