Post #2094162
2026-05-06 16:34 UTC
@PttP@mastodon.social "Under the doctrine of revealed preferences, someone who sells their kidney to make the rent has a revealed preference for only having one kidney".
No, i think this misrepresent the concept. But clearly they have shown they do a revealed preference to live, with a roof over their head and something to eat, with one kidney than to be unhoused and starving with two.
Of course it is capitalism, that means that there is a price attached to selling a kidney and that denies poor people the money to live and that forces them to make these insidious choices and just down the line the money they get for selling that kidney won't last that long and they will die.
Replies (1)
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@PttP@mastodon.social 2026-05-06 18:53
@marjolica@social.linux.pizza Thanks for that, & I'm with you all the way wrt capitalism's failure to satisfy what Clara Mattei calls "the logic of need." Re. Doctorow misreprenting the concept (revealed preference), however, I'd like to know: Does it? Maybe I missed some nuance of your analysis, but afaict he nailed that particular facet of what my own economics mentor (P-K scholar Steve Keen) would characterize as the mainstream's abject codswallop. (His own words, though, would likely be a bit more "salty!")