cross-posted from: https://lemmy.world/post/19930828
this post was submitted on 22 Sep 2024
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Yeah, I think there's also a lot of tone-deafness among economists, that seems to reflect a lack of understanding (or at least acknowledgment) that the economy is built on—and designed to perpetuate—massive inequality. The average person derives comparatively little benefit from an economy which is—on paper—booming, because the profits are overwhelmingly siphoned off by the wealthy. This is probably mostly a problem with the way the economy is reported on by the media, but economists are the face of that.