Classical Economics

Theory
The invisible hand.   
Oppressive forces use “natural cycle” excuses for the things they do to us. We no longer fall for “war just happens every once in a while.” We don't accept that anymore. We are discovering that classical economics is all about blaming natural cycles for recessions. There are business cycles but they don't happen by themselves. Capital stimulates a recession or a war when labor gets too strong. The invisible hand might be invisible to labor but it's connected to Wall Street's right arm.   firewalleconomics.com

Posted Jul 10, 2022, 4:50 PM UTC

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