Arguing with liberals about economics feels eerily similar to arguing with creationists about physical sciences
They just get so many things wrong on a fundamental level but they speak with such unearned confidence, and any evidence that goes against their worldview they dismiss out of hand as the result of a sinister conspiracy.
@Frank@hexbear.net has some effortposts about this
@Frank@hexbear.net Please share your wisdom
Here try this it should work
@Frank@hexbear.net we miss you, please come back
Probably search my posts for "American Civic Religion" and variations of that.
Idealism vs Materialism
It's absolutely that aspect which then inevitably leads to it also being 'what no theory does to a motherfucker'.
Much like creationists, 99% of liberals don't read about or are misinformed about their beliefs. Ask them about it and it's all "Supply and Demand", "Free Market", and "Human Nature". Just like creationists with their "Science can't disprove", "The Universe and life is too complex for everything to be random", and "God made us this way". They don't read about economics the same way creationists don't even read the Bible, much less learn about science. They just like how their "belief" benefits them feel and being part of their cultural group, fuck anyone else.
Unfortunately, unlike creationists, their cranks have institutional backing and a non-zero amount of public policy is based on their beliefs
cw fresh liberal theory braindump:
profits are a divine construct
Hmm. Where is my eye gouging out fork I never want to read something like that again.
"Careful chief! Any price the market offers is, by definition, fair!"
commiserations, dawg
It does suck, because we were all used to getting an underpriced meal and and it sucks giving up something we are all so used to but the solution isn't to keep a flawed restaurant business culture where most fail in the first 5 years and most can't handle being shut down for a couple of weeks.the solution is to treat dining out as more of a luxury than we were previously and adapt by cooking more and what have you.
Ah yes, nothing says making sure a ton of restaurants don't collapse into bankruptcy like jacking up their prices to the point of being a luxury and suddenly realizing people don't have the disposable income for that.
Funny how this never applies to labor costs.
“You see, porky realized this whole time he was long overdue for a raise! Sorry, you’ll have less stuff because of inflation….wait, don’t ask for a raise because poor porky might have to go without! And we can’t have that!”
Funny how this never applies to labor costs.
It's infuriating trying to talk to liberals about labor as a commodity because they think everyone is on some PMC salary with benefits, not realizing people really do work minimum wage with no health insurance, vacation days, and so on. I've seen that look of "deer in headlights" too many times when I mention people bargaining for higher wages because of so-called labor shortages and it's maddening.
The problem with regulation, such as minimum employee ages, is this secret trick called regulatory capture, which makes it harder for new competitors to show up, and that's because companies are suddenly required to play by rules.
We can have regulated capitalism indefinitely. There is no falling rate of profit and fascism happens because bigots show up ex nihilo and hypnotize people with their words.
Yea, the unearned confidence really irks me. Someone told me homelessness is a function of government spending as if it was a fact and I wanted to shoot myself
Isn't that technically true for a capitalist government though? Government spending on anticommunist propaganda, support for landlords, and police forces contributes to homelessness.
Yes, but you know they meant it was because welfare makes people lazy and/or having minimum safety standards for structures means housing supply is low
Yea, as the other commenter said, they meant the opposite
"Just work harder and the invisible hand will give you a raise!"
— Person who’s never read Adam Smith and thinks invisible hand means magic capitalism fairy that rewards bootlicking.
The problem with government is that the corrupted will take advantage of the possibility of corruption, therefore we should cut out of the middleman and give the corrupt everything they want for free.