@PttP@mastodon.social
·
May 06, 2026
Power_to_the_People (he/him)
@PttP@mastodon.social
Farm boy goes to college, falls in with the wrong crowd - high jinks ensue... Peacenik, Ol' Hippie, Dad, Offbeat Sense of Humor Loves include: Words, Music, Food (Growing, Cooking, Eating), Fun & Frolic "The highest achievement in the history of humanity is the Golden Rule." - Me HomebrewDad on Twitter, Phil_C in Slack Avatar: political cartoon from an 1880s Puck (found in LOC image archives, iirc), tweaked in GNU Image Manipulation Program, originally as a homebrew bottle label
mastodon.social
RE: https://mamot.fr/@pluralistic/116527238498498125
Today's dose of Doctorow's De-programming:
"This is the kind of doctrine you can only fully embrace after sustaining the kind of highly specific neurological injury that is induced by taking an economics degree, an injury that makes you incapable of perceiving or reasoning about power. Under the doctrine of revealed preferences, someone who sells their kidney to make the rent has a revealed preference for only having one kidney"
#capitalism #economics #NeoclassicalEconNonsense
Quoting
One of my bedrock beliefs is that capitalists *really* hate capitalism. They may name their beloved institutes after the likes of Adam Smith, but they ignore everything Smith had to say about the necessity of competition to keep markets from turning into monopolies:
https://pluralistic.net/2023/06/09/commissar-merck/#price-giver
--
If you'd like an essay-formatted version of this thread to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:
https://pluralistic.net/2026/05/06/champerty-loves-company/#circle-of-life
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