"Aztec priests convinced their people that human sacrifices appeased the Gods. Similarly, austerity hawks convinced us that debt angers ‘the economy,’ and feeding it whole sections of the state helps cajole it back into motion. It is senseless to sacrifice our political goals in view of ‘the economy,’ because ‘the economy’ is, itself, a political project. Behind every economic definition and theory lie political considerations. In orthodox economics, profit is always deemed positive, regardless of whether it is derived from harmful and unhelpful activities. Moreover, national turnover is the primary measure of good economic performance, so that little attention is paid to how wealth is distributed. Hence, even at a quick glance, the parallel between ‘the economy’ and a classist and consumerist world-view is apparent. Nonetheless, our Politicians constantly trick us into believing that ‘the economy’ is apolitical.” - Oliver Marino, Stop distinguishing between politics and economics.
Posted on: Sat, 31 Aug 2013 06:28:16 +0000
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