@Patricia some pointers, Behavioural Economics disputes the idea of "rational actors", Morden Monetary Theory disputes the rational for austerity, and the 2008 financial crisis was the last straw for neoliberalism.
@ekg @Patricia yeah.. there is some movement, but as of today, most policy makers or governments didn't swap their advisors.
Or you have e.g. minister of finance in Germany who says "I don't believe any of this and it's all wrong" if they get confronted with evidence on why austerity politics lead to degradation of democracies and distrust in politics.
It's good that some part of the field moves on, but I'm sure it will take at least decades until it arrives into the mainstream.
@karolherbst I have responded otherwise in this thread that in my opinion it's mostly down to Russian propaganda. It's in Russian intresset to keep neoliberalism alive.
@ekg yeah.... I could accept that some might spread propaganda like that, but as I look at things, I don't think it's even needed as it spreads itself regardless 🙃
speaking of Russia. It's always amusing if Russian economic doomerism is based on neo-liberal fallacies.
And like.... uhhhhh... *sigh*
"see! their economy does terrible based on those numbers!1!!!!"
Not saying it's doing worse or not, but... *sigh* just because their debt goes up doesn't mean it's doomed long-term.
@karolherbst people can't afford food, they aren't doing well.
Russian propaganda is designed to look organic, don't be fooled.
@ekg yeah, fair enough.
@karolherbst A Recommendation
Ryan McBeth @ YouTube has done excellent things about russian propaganda.
@ekg yeah, and these guys are professors on world famous universities so… not very vast it seems