Yeah, I'm reading Debt right now and Graeber is hammering on a similar point about "The Economy" and "Economics" being made up by early liberals (real liberals) for ideological reasons.
Unemployment measures are kinda like that. People use it as a shorthand for how good the economy is, but it's most likely an indicator of capital's access to cheap labour
No the economy is great. What do you mean you can't afford rent or groceries those aren't the economy, peasant!
I think it was Howard Zinn who pointed out that “the economy” is just a euphemism for corporate profits
Yeah, I'm reading Debt right now and Graeber is hammering on a similar point about "The Economy" and "Economics" being made up by early liberals (real liberals) for ideological reasons.
Unemployment measures are kinda like that. People use it as a shorthand for how good the economy is, but it's most likely an indicator of capital's access to cheap labour
I read peasant with an extra emphasis on the "p". Like Azula from Avatar: TLA