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Just because you don't know what a term means, doesn't automatically mean other people using it don't know what it means. Do you automatically "flag" almost all
by drcongo 3y ago
Just because you don't know what a term means, doesn't automatically mean other people using it don't know what it means. Do you automatically "flag" almost all economists for using an established and well defined term that's been around for over a century?
- keiferski 3y agoYeah, I’m pretty sure that no one using this term is referring to the historical stages of capitalism over the last five centuries. As I said, it’s more of a “I want this thing to happen, therefore my model of reality is that it will happen” phenomenon.