Email or username:

Password:

Forgot your password?
All posts Joan's posts Post Back to profile
Top-level
Sara Joy :happy_pepper:

@Daojoan I studied economics at school and even then, I felt this forever growth business was iffy.

Economics is a pseudoscience - they have 'laws' which aren't laws, there is no way of proving anything, the only hard and fast truths are things that have already happened.

They predict continuous market growth because that's what has come before - world population increases, ergo market increases.

But new resources are not really being discovered any more, and population increase is slowing.

17 February at 22:58 | Wall-to-wall | Open on front-end.social
3 comments
Justin M

@sarajw @Daojoan the idea of continuous growth was always a fallacy. Nothing grows forever

18 February at 0:47 | Open on mstdn.ca
libramoon

@sarajw @Daojoan

Economics like to be considered a science, but there is no science in it -- just mental masturbatory theories that advocates insist be followed

18 February at 2:02 | Open on mastodon.social
GhostOnTheHalfShell

@sarajw @Daojoan

Orthodox economics are stuck in a Ptolemaic world view, well before much of the world’s physics and math to model energy and system dynamics were developed. They defy the 2nd law of thermal for instance.

Steve Keen is one of a small clutch of economists that put energy and credit / money into economic modeling. But almost everything about what is main stream is utter shite. Even on basic things like ensuring the basis for a market economy to exist.

masto.ai/@GhostOnTheHalfShell/

@sarajw @Daojoan

Orthodox economics are stuck in a Ptolemaic world view, well before much of the world’s physics and math to model energy and system dynamics were developed. They defy the 2nd law of thermal for instance.

Steve Keen is one of a small clutch of economists that put energy and credit / money into economic modeling. But almost everything about what is main stream is utter shite. Even on basic things like ensuring the basis for a market economy to exist.

18 February at 2:06 | Open on masto.ai
Go Up