As an intellectual discipline, economics is closer to theology than physics, with finance an entirely arbitrary, cherry picked subset of rules to justify a particular economic model.
Economics is the control mechanism that filled the void in society, vacated by religion, after the Enlightenment. Every economic model is functionally equivalent to any flavour of religion, just with a little extra accounting blended in.
We did away with one unhinged narrative construct, things can’t get better until the current dominant fantastical conjuring is dispelled.
As an intellectual discipline, economics is closer to theology than physics
Absolutely. Ask any economist where clean air sits in any economic model, and they would call it an “externality”. Or a healthy forest. Or clean water. Or any of the other hundreds of millions of things that make life on this planet - or even a vibrant civilization - possible.
It’s also why capitalism is the most cancerous economic system possible, and leads only to ugly fascism-adjacent authoritarian feudalism and (eventual) systemic civilizational collapse and the early death of billions just so a few obscenely wealthy people can accumulate even more wealth before the end.
As an intellectual discipline, economics is closer to theology than physics, with finance an entirely arbitrary, cherry picked subset of rules to justify a particular economic model.
Economics is the control mechanism that filled the void in society, vacated by religion, after the Enlightenment. Every economic model is functionally equivalent to any flavour of religion, just with a little extra accounting blended in.
We did away with one unhinged narrative construct, things can’t get better until the current dominant fantastical conjuring is dispelled.
Absolutely. Ask any economist where clean air sits in any economic model, and they would call it an “externality”. Or a healthy forest. Or clean water. Or any of the other hundreds of millions of things that make life on this planet - or even a vibrant civilization - possible.
It’s also why capitalism is the most cancerous economic system possible, and leads only to ugly fascism-adjacent authoritarian feudalism and (eventual) systemic civilizational collapse and the early death of billions just so a few obscenely wealthy people can accumulate even more wealth before the end.