Responding to Unlearning Economics' critique of Marxist economics.Chapters0:00 - Intro01:12 - What is the labor theory of value?09:25 - Why does only labor c...
i think he described himself as a market socialist at some point. and yeah his marxism takes are the worst. its the common western problem of thinking that marx wrote good antitrust laws or something
the thing I don’t understand is how you manage to become critical enough to call yourself “unlearning economics”, but not exploring other approaches in anything approaching depth.
Especially one so obviously opposed to everything he criticises.
agreed. it is definitely part of the breadtube culture of positioning oneself as radical, while not straying too far for keynesian social democracy. maybe a better title would be “unlearning neoliberal economics”, since that is what he is actually deconstructs, not capitalist economics fundamentally. for UE it is probably much less effort, since EU/UK econ schools already are much more focused on keynesian or behavioral economics than in US (he has a behavioral econ degree). for US viewership it is seen as super radical. so it is probably his econ courses just adapted to youtube
I shit you not exactly this happened to me today in the grass touching place, I was listening to a guy take down neoliberalism, impeccably in my view, and was nodding along (yes, YES) and then he hit me with the: “I’m just angry that real good liberalism has been supplanted with neoliberalism.” (paraphrase) WHAT THE FUCK (at this juncture Losurdo seemless co-existance of liberalism and slavery, founding fathers etc.)
Some of these people are so often allergic to the implications of their sometimes quite admirable critical thinking.
Makes you want to shake them and shout “don’t you see how the one lays the groundwork for the other??” Follow through for fuck’s sake. So frustrating
But I did get a good introduction what an exceptionally twisted piece of shit hayek actually was so eh
i think he described himself as a market socialist at some point. and yeah his marxism takes are the worst. its the common western problem of thinking that marx wrote good antitrust laws or something
the thing I don’t understand is how you manage to become critical enough to call yourself “unlearning economics”, but not exploring other approaches in anything approaching depth.
Especially one so obviously opposed to everything he criticises.
agreed. it is definitely part of the breadtube culture of positioning oneself as radical, while not straying too far for keynesian social democracy. maybe a better title would be “unlearning neoliberal economics”, since that is what he is actually deconstructs, not capitalist economics fundamentally. for UE it is probably much less effort, since EU/UK econ schools already are much more focused on keynesian or behavioral economics than in US (he has a behavioral econ degree). for US viewership it is seen as super radical. so it is probably his econ courses just adapted to youtube
I shit you not exactly this happened to me today in the grass touching place, I was listening to a guy take down neoliberalism, impeccably in my view, and was nodding along (yes, YES) and then he hit me with the: “I’m just angry that real good liberalism has been supplanted with neoliberalism.” (paraphrase) WHAT THE FUCK (at this juncture Losurdo seemless co-existance of liberalism and slavery, founding fathers etc.)
Some of these people are so often allergic to the implications of their sometimes quite admirable critical thinking.
Makes you want to shake them and shout “don’t you see how the one lays the groundwork for the other??” Follow through for fuck’s sake. So frustrating
But I did get a good introduction what an exceptionally twisted piece of shit hayek actually was so eh