• Paragone@lemmy.world
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    14 hours ago

    https://en.wikipedia.org/wiki/Austrian_school_of_economics#Fundamental_tenets

    The only-the-individual-is-real, collectives/groups do not either think or act, as agents, is spectacularly rejecting evidence.

    The psycologist/psychoanalyst/whatever to dug into the question “are we individuals, or are we groups”, to crack group-therapy, discovered that both is the ONLY valid-answer.

    In Marganalism, they’re essentially re-discovering that principle identified by the root-guru of the Christians, that if a person only owns 1 shekel, & they give that, that is IMMENSE giving, compared with some wealthy person giving what they didn’t care about, no matter how much that was, compared with the median-income.

    shudder seems divorced-from-reality, the more I read about it…


    There are 2 books which combined give the understanding that “economics” education seems to … ignore?

    Thom Hartmann’s book “Screwed” identified, in its beginning, what was wrong with all the other economics stuff I’d read, simply & clearly.

    & the book “Who Gets What, and Why” is on how markets work, & what their requirements are, which really gives a better understanding of what Hartmann was pointing-out, that the normal economics … consistently misframes.

    A fundamental point is that among nature democracy is normal ( animals ).

    Not representative-republic, but democracy.

    Among post-agriculture humans, however, feudalism, whether monarchy-anchored, or oligarchy-anchored, or corporate-feudalism, is normal.

    Why?

    Human-nature. ( the dark end of it )

    Force-dismantling that dark nature’s mechanisms-of-ruling … that’s going to take SPINE, if any portion of humankind finds the courage to do it…

    Force-emplacing evidence-based fixes, no matter what machiavellianism does … would be beneficial, for the people in that regime…

    but it would take spine.

    Anyways, until now I’d only known about their Marganalism principle, but now I know they’ve anchored on a whole-set of bogus, contradicted-by-evidence, principles, & … I don’t respect that kind of thing.

    Thank you for prodding me into reading a bit more about 'em, though: actual-learning’s necessary…

    LMAO … I just realized that they held that collective-action isn’t real, WHILE CORPORATIONS EXACTLY ARE COLLECTIVE-ACTION.

    That’s about as ivory-tower divorced-from-actuality as anybody could possibly get, isn’t it?

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