ITT right-wing stupidity you stumble upon online that don't deserve their own thread
ITT right-wing stupidity you stumble upon online that don't deserve their own thread
My gott
Why are lolberts/ancaps always the ones who understand capitalism the least?
Because the point of Austrian economics is "you can't understand this shit, free markets fam". As if no planning or data collection is used at all in markets and shit just happens because it does.
Because in order to advocate for a system so flawed, you'd have to not understand it; basically as says - they don't even seem to know that central planning and market research is utilized in capitalism today.
They do, that's why its crony capitalism/corporatism/socialism and not muh tru capitalism.
I've stumbled upon this guy on Twitter a while ago and I've been in love with him ever since
Btw I took notice of this guy when I saw him getting mad at an account dedicated to quoting Keynes as if it was the real person.
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kek
eh fuck dog murdering cops
fuck murdering cops :)
fuck cops
Because they substitute your reality for their own.
posting social media screenshots of dumb normies is ideological masturbation
anyone can do it.
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Why do they have such a hate boner for Keynes when Friedman's ideas are so much more influential these days?
fucking tankies
the fed is keynsian, the last president was keynsian, and the next president leans keynsian
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i lolled
They're New "Keynesians", it's closer to Neoclassical economics than it is to traditional Keynesian economics
The Federal Reserve predates Keynesian thought. Also policy makers are far more concerned with inflation than they are with aggregate demand nowadays.