• nonentity@sh.itjust.works
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    2 days ago

    Economics is the social control mechanism that filled the void vacated by religion after the enlightenment.

    Finance replaced mythology. Banks and financial institutions replaced churches and cathedrals. Economists replaced the clergy. GDP replaced God.

    Mathematics is the foundation of reality, accounting is a selective subset of mathematics.

    Economics is functionally religion that wears a tattered robe of finance which is patched with parts of accounting that economists find useful to support the doctrine of their particular model.

    Like religion, economics can prove useful for a society, but similarly it has no intrinsic legitimacy imposing influence on or over those who don’t willingly and non-coercively subscribe to its narrative.