The Economy Is Far Too Important To Be Left To Economists

How economists are the worst

indi.ca
9 min readApr 28, 2022
Same shit different day. Economics is just the latest excuse for the ruling class to take your shit away. Coronation of Charles VII of France (1429), detail of the painting Jeanne d’Arc

Economics was originally called Political Economy, and it still is, they just hide the fact that economics is inherently political. Economics is not a science, it’s just politics with charts. It’s not a class in school, it’s class warfare, waged from elite schools upon the poor.

If we define economics as the study of how we divide up resources, this has always been political, ever since Ug killed some bushmeat and wanted to give the liver to his girlfriend. And the fact is that economics has never been some isolated study of theoretical laws, it’s been the writing of laws by people in power.

Economists are the only ‘scientists’ that politicians actually listen to, which is A) terrifying and B) tells you something. Politicians used to hide behind priests, but now they hide behind economists. It used to be dudes in bedsheets waving incense, now it’s dudes with spreadsheets talking about income. Same shit different day, just a different set of reasons you don’t understand, explaining why the ruling class gets to take your stuff.

Just like Ug dividing up delicacies, economics is and always will be about power. The fact that we think of it as apolitical doesn’t make it so. It just means the ruling class has won. Economists today…

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indi.ca

Indrajit (Indi) Samarajiva is a Sri Lankan writer. Follow me at www.indi.ca, or just email me at indi@indi.ca.