this post was submitted on 18 Apr 2026
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In a fair world, industry and economy would be two aspects of the same thing, because there would not be a net flow of wealth into some countries at the detriment of the rest. You are right that they are conceptually distinct, I just mean that they shouldn’t be totally divorced. It is the invention of abstract wealth that justifies the extraction of real wealth.
The treatment of economics as purely a question of distribution is another bourgeois ideology that goes back to Marx’s time and earlier