this post was submitted on 27 Dec 2025
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I've gotten Basic Economice by Sowell, crank that he is, in response to this very question.
Oh hey I read this recently (know thine enemy and all that). Itβs actually laugh-out-loud hilarious. He literally says at one point that price gouging is a good thing during natural disasters, because otherwise no one would be incentivised to deliver humanitarian supplies
Yep! I also checked it out a bit and yea, you're spot-on.
John Stossel-thought
The more I hear about it the more I wonder how no one seems to have thought of writing an article or a video dunking on how stupid and ridiculous neo-liberal economic theories are yet.
The system justifies itself: they train and pay thousands of economists to believe their own hype, and make it so that those economists are the only βauthoritativeβ sources, and all the voices of sanity are drowned out.
Still, you would think at least one communist somewhere would have written a debunking of modern vulgar economics by now, especially given the fact that with how obviously nonsensical neoclassic economics is, it's probably the weakest pillar of the modern liberal ideology and the easiest to attack for Marxists.
Iβm sure there are plenty of books attacking neoclassic economics, but Iβm not really familiar with the video content in this space. Maybe some others have suggestions. @TankieTanuki@hexbear.net is there anything you might know of/on TankieTube?
As far as I know there is this one: Why the Labor Theory of Value is Correct - Criticism of Marshall's
And kind of this one: guide to marxist economics introduction episode in which thefinnishbolshevik briefly talk about what Marx called vulgar economics.
And that's about it for criticism from a Marxist perspective I think.
Nice. You've clearly put in more hours in the posting trenches than me though.
What are the chances they panicked and googled "basic economics" two seconds prior?
Honestly pretty low, they seemed too committed to the bit.