• Woke Economics Of The Left

    From El Castor@21:1/5 to All on Wed Oct 6 11:46:41 2021
    Hmmm. Sounds a lot like the economics of Biden and his handlers.

    "Karl Marx called his system “scientific socialism.” Modern leftists
    advocate a similar ideology and call themselves “woke” to indicate
    that they understand the world better than the rest of us. Yet the
    worldview of Marxists and woke leftists alike is fundamentally
    primitive." ...
    "Adopting counterproductive woke policies such as racial job quotas,
    high taxes, excessive regulation of business, and price controls on
    some goods may not send us all the way back to the subsistence economy
    of our ancestors. But if policies that penalize saving and investing
    and that involve excessive government control are adopted, social
    capital, wealth, and real income will decline. If we bow to this
    primitive ideology, there will be increased racial animosity and
    conflict, slow economic growth, and fewer inventions." https://www.wsj.com/articles/the-woke-left-primitive-economics-labor-theory-of-value-marx-progressive-adam-smith-11633448518

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