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gerhard7
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Comments by "gerhard7" (@gerhard7323) on "The Failure of Economics" video.
Makes perfect sense. If you're trying to weave a credible narrative, reach a predetermined conclusion to 'prove' a point and the existing methodology doesn't do that then the only alternative is to change the methodology to one that does.
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But capitalism is supposed to promote competition and prevent monopolies surely?
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@What_do_I_Think On current evidence I'm gonna go with a no there.
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According to Fortune magazine the top 10% of US households have become $28trn richer since 2020. According to recent polls over two thirds of US voters said they were concerned about the economy. Is there a disconnect here? Hell, yeah!
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Orthodox economics' primarily exists to help build, reinforce and give credibility to the establishment narrative. Sad thing is it works.
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America: The richest poor country in the world.
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