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I've never once seen anybody on the left use this argument. On the contrary. It is a religious chant on the Right, that Free Markets are efficient, and The Fre
by FrustratedMonky 2y ago
I've never once seen anybody on the left use this argument.
On the contrary. It is a religious chant on the Right, that Free Markets are efficient, and The Free-er, the More Efficient, and will solve all of our problems.
--> "All hail our god the free market, efficient in its repose, elegant in its demonstrations, arbiter of logic through the efficient drive of profits, holy in its dispensation of moral judgement, let those that are poor be scorned for the market has judged them unworthy of its riches".
- frereubu 2y agoI think you misread my comment. I'm saying that's how the left unfairly characterise capitalists / economists, which is particularly unfair in the case of economists.
- FrustratedMonky 2y agoYeah, I re-read it. Still missing it, are you saying the left un-fairly over-simplifies it. OR the Left portrays the right/economist as un-fairly over-simplifying?
- frereubu 2y agoI'm saying the left (not everyone by any means) unfairly oversimplifies the views of economists. Absolutely no-one who is taken even vaguely seriously in economics thinks that consumers are rational or that markets are 100% efficient.
- FrustratedMonky 2y agoGuess, I'm retorting, that is not a 'left' point of view. The 'right' also oversimplifies views of economics. I would argue, the 'right' is even more guilty of it, like promoting false economic concepts is their bread and butter, part of their platform. Though, I can agree, maybe it is, most people all around, only have a simplified view.