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It is not. The comment I replied to starts with "economics just models what naturally happens as a result of how reality is constructed" and then says "a genera
by _aavaa_ 2y ago
It is not. The comment I replied to starts with "economics just models what naturally happens as a result of how reality is constructed" and then says "a general rule of existing in this universe that fortune favors the fortunate", which the very clear implication that economics then models for us that the fortunate in our economy get more fortunate because that's how the universe is constructed.
But this isn't true. The wealthy in our society get more wealthy because those are the system we have. There's no law of the universe that says we can't increase taxes more, or spend more resources to ensure those at the bottom don't starve.
"when economists have to be the ones to tell them that making it a law that iron is equal in value to gold will not make everyone rich."
Economists are the same people hand-wringing and saying that we couldn't possibly tax those who have too much because ... profits.
- lazide 2y agoNope. If you have wealth, that means you have tools at your disposal to protect yourself and concentrate more wealth. If you do so. If you don’t have wealth, you don’t. If society likes it or not just means others are actively trying to take it away (or not) and might still overwhelm whatever tools you have/are using. It doesn’t mean you aren’t still advantaged by having them. All you need to see that is by looking at what happens when society tries to hurt those without wealth, and how much easier that goes. Examples include everyone from warlords to drug kingpins to the ‘strongest lion’. It happens literally without societies existing, to within things like the USSR.
- JumpCrisscross 2y ago> Economists are the same people hand-wringing and saying that we couldn't possibly tax those who have too much because ... profits Karl Marx was an economist. This is like saying engineering is fundamentally about building surveillance systems and serving ads.