Religious Doctrine in Neo-Liberal Economic Theory
Economics is a vastly complicated subject; it can be complicated as life itself. It deals with the exploitation for profit of the material world - in particular how to do it efficiently. As defined by economists, it is the efficient allocation of scarce resources. Neo-Liberal or neo-classical economics is the most popular type around today - it is what is taught in school. Claiming to be a science it ignores the politics of an issue and deals with an issue objectively, with cold, hard numbers.Yet, there are other components to the world than free trade and profit. As the influence of economic thinking increases and the remain stagnant economics becomes less of a beneficial tool at analysis and more of a deception. Perticular problems with economic thought have to do with its unrealistic assumptions and ignorance of so much. There is no place for society in economics; the theory undervalues labour, women and the environment. Managerial decisions seem to have more bearing on the way capitalism operates than the "free market," it certainly set up the economic system. Even money, the supreme measure of worth in an economic society is based on the authority of its rulers. For these reasons above and those that will follow, economic
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Some common words found in the essay are:
Nazi Party, , James Fallow, GDP Destruction, British Empire, Frankish Empire, Adam Smith, Noam Chompsky, Margaret Thatcher, Free Market, free market, adam smith, rational self, supply demand, free trade, cash economy, industrial revolution, positive statements, production possibilities, human nature, myth free market, 11 major media, major media corporations, free market doctrine, monopolies oligarchies common,
Approximate Word count = 5268
Approximate Pages = 21 (250 words per page double spaced)
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