7 sats \ 2 replies \ @7e6e393a56 9 Nov \ on: All States are Empires of Lies econ
In the mixed economy in which we live, it is the function of the planned state: to guarantee “full employment” (given that the federal government's own policies generate unemployment); stimulate "technological innovation" (not through the market, but through subsidies); guarantee a “fair” income distribution (rewarding parasites – mainly large businesspeople linked to the government – and punishing productive ones); control foreign (and also domestic) trade; and maintaining several state-owned companies for the good of the people (while fleecing the people themselves for the benefit of these state-owned bureaucrats).
Heterodox economists and conventional economists take turns providing economic advice to the current president. Both, however, are mere tools in the service of the interventionist state.
Could be. I hope not, though.
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I really wanted to be wrong
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