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39 sats \ 8 replies \ @kepford 19 May \ on: Interest Rate Caps Won’t Solve America’s Debt Problem. Here’s What Will econ
Caps and floors don't work. Socialism and central planning have not been properly understood by most people. If they were... these ideas would die.
Almost everyone’s education is downstream of central planning, so there’s not much incentive in the system to communicate this message.
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Why would they want to understand something that would dis-empower themselves? It is only the misundestanding economics that allows them to do what they are doing. Of course, as stated above, the whole education system is captured, too.
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Yes, I guess you are right. Public schooling was designed from the start to degrade the thinking powers of the populace. The people before public education and Horace Mann were very literate in several languages, like Greek and Latin and could critically think circles around us.
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Glad to find a stacker aware of Mann.
The problem is that the "socialists" or as I call them the progressive/lefty/collectivist/Marxist/socialist/communist/murderers are now in charge of the education system and much of the state apparatus at all the federal, state and local levels. I guess we just have to wait for each level to collapse because they are using socialist thinking for policy decisions.
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