the way young people talk about capitalism is such a failure of education


@Elmkast Speaking as an econ major, I’m sad to report that imho the best reason to learn economics is to learn how its assumptions and ideal scenarios don’t match up with observed reality.

Also, In climate where we’re told to leave the running of things to the experts, there’s also a certain brutal clarity of vision in asking things like “my parent’s generation had houses at my age, why don’t we have houses?”. Naive, concrete questions can cut through layers of complex ideological obfuscation.

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Mastodon instance for attendees of Refactor Camp, and members of various online/offline groups that have grown out of it. Related local groups with varying levels of activity exist in the Bay Area, New York, Chicago, and Austin.

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