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Cake day: September 3rd, 2024

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  • leftytighty@slrpnk.nettome_irl@lemmy.worldme_irl
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    3 days ago

    Behavioral economics isn’t how we allocate our resources, it’s a correction of classical economics to include the human factor. The assumption that everyone is a perfectly rational profit optimizer only reflects reality insofar as we’ve codified that behavior into our laws and regulations such that shareholders can sue companies for not acting in that assumed way.

    The kind of economics people take as science don’t describe human populations throughout history.






  • leftytighty@slrpnk.nettome_irl@lemmy.worldme_irl
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    4 days ago

    an empathetic society is a cooperative society, a socialist society.

    capitalism is completely indifferent to the human factor, competition is about few winners and many losers. unemployment is desirable, poor people must be allowed to die.

    people think economics is a science but it doesn’t consider human nature, “everyone tries to maximize their personal profit” isn’t an anthropological statement it’s capitalism restated.