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@phaedral@beige.party

Post #4295479

2026-07-31 15:36 UTC

@dbattistella@mstdn.ca The underlying fallacy of "modern" economics is found in von Neuman and Morgenstern's "Theory of Games and Economic Behavior," in which they posit, unfounded but uncontested, that "money IS utility." Thus they usher in the back-door of pseudo-reasoning and pseudo-science the ancient divine right of kings and slit the throat of any who would argue enlightenment principles of common good for all.

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