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Son, you're old enough to know the truth. There's no such thing as "the invisible hand of the market"
McSweeney's ^ | 15 Sept 2023 | Kathryn Baecht

Posted on 09/21/2023 7:58:10 PM PDT by anthropocene_x

Son, you’re eight years old now, and you’ll probably hear this soon enough from the other kids on the playground anyway, so I might as well tell you. Santa isn’t real, the Tooth Fairy is imaginary, and there’s no such thing as the “invisible hand of the market.”

Why did your mother and I lie to you? Well, we didn’t so much lie to you as tell you stories that were untrue, stories that we hoped would add magic to your childhood and also reassure you that capitalism is a good and fair system for everyone, instead of one in which some people can’t afford insulin while other people are Jeff Bezos.

And the thing is, back when Mom and I first told you about the invisible hand, we actually believed in it ourselves—not as a real hand, of course, but as a metaphor for a fundamental principle of economics. The principle I naively thought would save us when I got laid off, but then our mortgage went underwater, and it turned out that not one of Mom’s 223 Facebook friends wanted to get in on that once-in-a-lifetime opportunity she was pursuing at Lularoe.

(Excerpt) Read more at mcsweeneys.net ...


TOPICS: Chit/Chat
KEYWORDS: economy; inflation; jobs; kathrynbaecht; lyingliberalliar; lyingliberalliars; mcsweeneys
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To: anthropocene_x

Written by a woman, and she keeps saying “when your mother and I …”.
She a lesbo?


21 posted on 09/22/2023 12:53:00 AM PDT by DesertRhino (Dogs are called man's best friend. Moslems hate dogs. Add it up..)
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To: cockroach_magoo

Good one...


22 posted on 09/22/2023 3:55:11 AM PDT by maddog55 (The only thing systemic in America is the left's hatred of it!)
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To: anthropocene_x

What kind of dipsheet column is this?


23 posted on 09/22/2023 4:36:20 AM PDT by yldstrk (Bingo! We have a winner!)
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To: anthropocene_x

John Adams wisely said, “Our Constitution was made only for a moral and religious people. It is wholly inadequate to the government of any other.”

The same holds true for Capitalism. It only works good in a moral society. Today’s America is so corrupted everything good is destroyed.


24 posted on 09/22/2023 4:38:44 AM PDT by Apple Pan Dowdy (... as American as Apple Pie)
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To: anthropocene_x

John Adams wisely said, “Our Constitution was made only for a moral and religious people. It is wholly inadequate to the government of any other.”

The same holds true for Capitalism. It only works good in a moral society. Today’s America is so corrupted everything good is destroyed.


25 posted on 09/22/2023 4:38:44 AM PDT by Apple Pan Dowdy (... as American as Apple Pie)
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To: 1of10

Free Markets do not include use of Force.


26 posted on 09/22/2023 4:52:20 AM PDT by griswold3 (Truth, Beauty and Goodness )
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To: anthropocene_x

When capitalism fails, it is usually for 1 of 2 reasons. Government intervention in free markets, or criminal behavior. Sometimes, one in the same.


27 posted on 09/22/2023 5:17:31 PM PDT by Be Free (When guns are outlawed, only outlaws will have guns.)
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