this post was submitted on 04 Aug 2025
152 points (98.7% liked)
Chapotraphouse
14181 readers
635 users here now
Banned? DM Wmill to appeal.
No anti-nautilism posts. See: Eco-fascism Primer
Slop posts go in c/slop. Don't post low-hanging fruit here.
founded 4 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Somewhat related, she apparently holds a History degree from Yale. No business degree or even something peripherally related.
Again, success under capitalism is about who, not what, you know.
you can learn more about how business and the economy actually work in one good history class than in 6 years of studying business administration. i say this as a business degree haver
To be fair, since economics degrees are for idiots and we know the economics they teach don't work, it's smart to not put such people in charge.
No economic model predicted the 2008 recession despite it being blindingly obvious that you can't create millions of expensive mortgages with rock bottom rates and expect everything to be fine when the rates go up.
The only reason it wasn't predicted and found out was that regular people, who could immediately grasp the problem, had that shit hidden from them, while the bankers were hoping/assuming that lightning wouldn't strike them in particular.
This is some of the most depressing shit to process.