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RE: "Economics" - a dubious science

in #economics4 years ago

"conspiracy theory in plain sight, and everyone takes part. :)"

  • If it is in plain sight, it's not a conspiracy.
  • "A conspiracy, also known as a plot, is a secret plan or agreement between persons (called conspirers or conspirators) for an unlawful or harmful purpose, such as murder or treason, especially with political motivation, while keeping their agreement secret from the public or from other people affected by it." https://en.wikipedia.org/wiki/Conspiracies
  • The money monopoly is something we don't like but it's not the result of a conspiracy, but of different actors ("economists", politicians, judges) who act publicly according to their incentives. These people have too much power, but they are not conspirers.
  • We can call it an assault on the public interest or on liberty.
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the plot will come cuz as I said most people dont understand economics.

most people don't know about the money monopoly and also not about its effects. most people dont even know what capitalism is and what its effects are.

..and that's why it can be in plain sight.
the masses always supported the craziest and most terrifying "conspiracies" of our history - ofc also cuz many were forced to and in hope or fear