this post was submitted on 23 Mar 2024
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the_dunk_tank
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No the economy is great. What do you mean you can't afford rent or groceries those aren't the economy, peasant!
I think it was Howard Zinn who pointed out that “the economy” is just a euphemism for corporate profits
Yeah, I'm reading Debt right now and Graeber is hammering on a similar point about "The Economy" and "Economics" being made up by early liberals (real liberals) for ideological reasons.
Unemployment measures are kinda like that. People use it as a shorthand for how good the economy is, but it's most likely an indicator of capital's access to cheap labour
I read peasant with an extra emphasis on the "p". Like Azula from Avatar: TLA