• @galanthus@lemmy.world
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    2 months ago

    Well macroeconomics looks at the entire economy. Microeconomics focuses on individual agents.

    A recession can cause inflation and unemployment in the long run.

    I am not an economist, but a philosopher by education. Anti-intellectualism bugs me all the same.

    • @Guns0rWeD13@lemmy.world
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      42 months ago

      me too, but if you can’t divorce yourself from economic theories and see what the reality looks like outside the textbook, you’re no smarter than any other overeducated idiot.

      • @galanthus@lemmy.world
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        -32 months ago

        I recognise the precarious position of the working class, but having insane radical positions with no sensible set of goals and how to achieve them hardly helps.

          • @galanthus@lemmy.world
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            -42 months ago

            Well I can see Marxists want to destroy society, but I have doubts that what they repalce it with will be any good.

            • @Guns0rWeD13@lemmy.world
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              12 months ago

              utopia.

              also, your blanket ‘marxists’ statement belies your so-called ‘intellectualism’. you are neither an academic nor smart. i think it’s time for you to shut the fuck up.

              • @galanthus@lemmy.world
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                12 months ago

                No concrete goals?

                I am just saying, Marxist projects seem to fail. Many formerly Marxist parties are now capitalist. I respect it as an intellectual tradition, but as a popular movement it is much more primitive.