Husseinisdoingfine

A Critique of Thomas Sowell

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In the video "Thomas Sowell Is Worse Than I Thought" , Unlearning Economics offers a comprehensive critique of economist Thomas Sowell's work, particularly focusing on his book Basic Economics. The video challenges Sowell's emphasis on scarcity as the central economic issue, arguing that this perspective overlooks the significance of surplus and the complexities of modern economies.

Unlearning Economics contends that Sowell's approach simplifies economic dynamics and neglects the roles of historical context, institutional frameworks, and power structures in shaping economic outcomes. The critique also addresses Sowell's views on government intervention, suggesting that his arguments often dismiss the potential benefits of public policy and social programs. Throughout the video, Unlearning Economics advocates for a more nuanced understanding of economics that incorporates a broader range of factors beyond market mechanisms.

 

 

Also, skip to 1:35:30, and watch until 1:39:30, and listen closely to the part about the NEP (New Economic Policy).  There, Unlearning Economics provides an excellent refutation of the narrative that socialism has not and can never work. 


أشهد أن لا إله إلا الله وأشهد أن ليو رسول الله

Translation: I bear witness that there is no God but Allah, and Leo [Gura] is the messenger of Allah.

 

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51 minutes ago, Husseinisdoingfine said:

Also, skip to 1:35:30, and watch until 1:39:30, and listen closely to the part about the NEP (New Economic Policy).  There, Unlearning Economics provides an excellent refutation of the narrative that socialism has not and can never work. 

Actually, its more like 1:27:16 to 1:39:30, for full context. Unlearning Economics as well refutes centrally planned forms of socialism.


أشهد أن لا إله إلا الله وأشهد أن ليو رسول الله

Translation: I bear witness that there is no God but Allah, and Leo [Gura] is the messenger of Allah.

 

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Posted (edited)

For this issue of surpruls give a check in this last Substack from  Daniel Pinchbeck. About Battaile ideias of what happen when Surplus is not directed. 

https://danielpinchbeck.substack.com/p/trumpism-fascistic-excess-and-the?fbclid=PAZXh0bgNhZW0CMTEAAadwjPzlTnSOVgfndrqx7H5vavrcw0FWmuEFocm4Wf0uky76ffkQhVtTCzSn7A_aem_0DGJdfc7ITCZpJ0J1ThqRA

Edited by Rafael Thundercat

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22 minutes ago, Rafael Thundercat said:

So, would Sowell fit a Epistemic Scondrel?

Can’t say right now, but he’s definitely not an epistemic puritan.


أشهد أن لا إله إلا الله وأشهد أن ليو رسول الله

Translation: I bear witness that there is no God but Allah, and Leo [Gura] is the messenger of Allah.

 

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