• stink@lemmygrad.ml
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    8 days ago

    GMU is heavily funded by the Koch brothers, and is one of the only schools that teaches Austrian economics.

    One of the economics professors Tweeted some racist shit and didn’t even get a slap on the wrist.

    They also have their law school named after Antonin Scalia, if that gives you a metric of how disgusting they are.

    They ALSO coordinated a police raid on the houses of two students who were part of Students for Justice in Palestine, and banned them for 4 years without any due process.

    Let alone how they have their police surround the pro-israel demonstrations but let the pro-Palestine demonstrators get rocks thrown at them without any intervention.

    People like this idiot are a byproduct of what the school represents, yet they want want to be seen as a bastion of progressive thought.

    • I was at this conference back in my academic days dinner with a cluster of GMU junior faculty and researchers. luckily zero economists, all pretty firmly left politics. the most outspoken one introduced his school as being “the modern proving ground of all academic and scientific corruption in the US. when you look at a map of how right-wing dark money from the Kochs flows through the academy, GMU is always where the process is prototyped and developed for mass replication elsewhere.”

      he was pretty funny in that deadpan. he had spent the last several years looking at the political economy and critical geography of energy leases or something grim like that in central Appalachia.

      • stink@lemmygrad.ml
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        8 days ago

        It is pitiful, their engineering department also has a pretty direct pipeline to defense contractors / 3-letter agencies.

    • Jacobo_Villa_Lobos [he/him]@hexbear.net
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      8 days ago

      Good old George Mason University. If you see anyone with a law or economics degree from there, know that they are very unserious at best. Other departments there aren’t so bad, but the university is located in Raytheon Acres, Virginia, and relies on its tight connections to the feds and warlords for funding and employment for their graduates.

  • Rom [he/him]@hexbear.net
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    8 days ago

    Price caps are genocide, Hamas is doing genocide, Uyghurs are being genocided. They say this shit so when actual, real genocide gets pointed out (as perpetrated by Israel) they can pretend the word doesn’t mean anything anymore because of “both sides” so people can just ignore it.

    Insidious shit, and absolutely intentional. They know what they’re doing.

    • LarmyOfLone@lemm.ee
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      7 days ago

      Hey, it’s corporate genocide of poor innocent healthcare industries. It’s just a new type of genocide after cultural genocide. You know the one perpetrated on evidence based science (climate change) and liberal values (equality).

    • sodium_nitride [she/her, any]@hexbear.net
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      8 days ago

      Kind of embarassing that I even know this, but their reasoning goes

      1. Lower prices => lower profits
      2. Lower profits => lower quantities supplied
      3. Lower quantities supplied => people will die from lack of medicine

      And if you assume that the supply is lowered enough, then tons of people die and it becomes genocide. Of course, the flip side of this that this person completely ignored is that price distortions can also occur in the other direction, where prices are high enough to entice more than sufficient production, but so high that it limits purchases from consumers. Currently, the American medical industry is firmly in that side of pricing (as evident by the fact that the rest of the world has much lower drug prices* and no shortages of drugs).

      *even if you account for wage differences.

      This is all econ 101 theory. Often times, you barely need to remember 101 shit to dunk on these so called “economics students”, who didn’t even properly learn the bourgeois version of the theory, only how to party and act arrogant online.

      • WhatDoYouMeanPodcast [comrade/them]@hexbear.net
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        8 days ago

        If something like that happens, it’s not the price control doing morally reprehensible killing, it’s the system and ownership of the means of production using them irresponsibly doing the killing. Maybe things that save lives don’t need a market to tell you they’re an important societal good.

        If I try to escape an open air prison so you start doing an ethnic cleansing of that prison, we’re not in equal footing in terms of being bad.

        • DragonBallZinn [he/him, they/them]@hexbear.net
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          8 days ago

          The biggest selling point for a command economy is literally the housing crisis.

          goku-halal: “Can someone care to explain to me why we have a ‘housing shortage’ and rampant homeless problem yet as far as commodities go, housing is one of the most in-demand products? What do you mean market forces are stopping construction companies from making a killing and also lowering housing costs for everyone this should be a labor and capital win-win!”

          How is the housing crisis real? Just plan your economy lmao.

          • sodium_nitride [she/her, any]@hexbear.net
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            8 days ago

            We already live in a planned economy (the free-market absolutists will tell you all about government interventions in the housing market). In fact, pretty much all modern large scale industry runs on the principles of planned economy. The problem is that the economy is planned by the capitalists and their lackeys. What we need is nationalization.

        • sodium_nitride [she/her, any]@hexbear.net
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          8 days ago

          Obviously that goes without saying. The best solution is single payer healthcare and a nationalised pharmaceuticals industry.

          However, a poorly implemented price control will fuck your economy and general welfare unless you have a communist economy and transcended money.

      • polpotkin [none/use name]@hexbear.net
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        8 days ago

        I want to provide a bit more insight to the brain of this guy. They really beat the 1970s oil crisis into you at GMU as an example of price controls creating shortages. On top of this, the negotiating power of pharmaceutical companies is usually greater than a governments. Drugs are priced not by how much a consumer is able to pay but by how much the government doesn’t want their population to die, which is why you see drug prices in the $100k range. Pharmaceutical companies will happily let people die to get a better bargaining position.

    • DragonBallZinn [he/him, they/them]@hexbear.net
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      8 days ago

      frothingfash: “Well you see, you’re hurting porky’s freeeeeeeeedumz! It’s his property and he has every right to do whatever he pleases! You gotta learn to live and let live, man!”

      Also frothingfash:“Racism is bad? Who cares about icky morals! According to my calculashunz, giving the specials like me privileges over you yucky untermench, if not removing you entirely makes the good results happen! You can’t let sentimental morals get in the way of The Objective Reality^TM”

      Also also frothingfash: “ Why yes, I also think that integrity is for the weak and that it’s only logicalTM to embrace lies that serve your interests, why do you ask?”

  • ShimmeringKoi [comrade/them]@hexbear.net
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    8 days ago

    God damn I feel bad for kids trying to build their personality these days. Wildly alienated with just the shittiest building blocks to work with, so half of them pick a set of deliberately incoherent politics as their bio because they want you to think they have some secret wisdom that makes it make sense, and so they can imagine your monocle popping out in shock upon reading it. This sucks man, just get a hobby and pick a musical genre, because everybody has been sick of the Benedict Bandersnatch counterintuitive genius shtick for like 8 years now and doing it about how poor people should just die is genuinely fucking repulsive.

    Addendum: I have viewed the other screenshots in this thread and no longer feel bad for this person in particular

    • ShinkanTrain@lemmy.ml
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      8 days ago

      I’m not like other guys, I like Metal AND Taylor Swift. Isn’t that unique and special? Tell me you think I’m cool.

      • Acute_Engles [he/him, any]@hexbear.net
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        8 days ago

        Unfortunately that was unique and special for my generation. It’s a lot more common now. For a while it was shorts, tall socks, sandals at the death metal show too. Now those are both just normal occurrences.

      • Adkml [he/him]@hexbear.net
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        8 days ago

        I legit think it would be fascinating if he tried for Medicare for all.

        Which liberal reflex would be stronger? Immediatly smothering any possible progressive legislation or immediatly surrendering to republicans.

    • Drewfro66@lemmygrad.ml
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      8 days ago

      It’s because Trump is not a Neoliberal, like Reagan, Clinton, and every president since them from either party. Biden, Bush, Obama…

      Trump is a Fascist. He can throw white working people a bone every now and then because he is not beholden to the Capitalist class to the extent other leaders were and are.

      • BynarsAreOk [none/use name]@hexbear.net
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        8 days ago

        I prefer the explanation some others have said which is Trump was also a Democrat earlier in life and this is partialy him reverting to easiest and simplest ideas that “sound” good to him because at one point he wasn’t completely unaware or opposed to them.

        I don’t think Trump particularly cares about drug company CEOs or executives, like at all because they’re alien to him. He was a TV celebrity and in real estate etc, he only ever cares about other “rich” people when it is either personally convenient(e.g tax cuts etc) or they flatter him somehow.

        Trump is a fascist but not a coherent one, therefore it can’t be the only reason.

    • Adkml [he/him]@hexbear.net
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      8 days ago

      In the first week he scrapped the order that put a cap on drug prices.

      He got rid of so ething that actually reduced drug prices, prices shot up, and now he’s declared the prices have to go down with zero enforcement.

      The “broken callendar” threw itself i to a shredder as soon as it got hung up.

  • mayo_cider [he/him]@hexbear.net
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    8 days ago

    The only econ students I’ve met who actually had a material understanding of economy had it despite their education, not because of it

    • eyyImwalkin [none/use name]@hexbear.net
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      7 days ago
      1. find out where grok scours data from
      2. make a spambot that talks about chud stuff but also talks about eating tide pods and really toxic elephant dewormer
      3. ???
      4. profit