The same person can be a customer at Walmart, a worker at Walmart, and a shareholder/owner at Walmart. Class as a Marxist concept maybe made sense when you could only be a worker or an owner. But it doesn’t work in a world where you can seamlessly switch between categories, or be all of them at the same time.
Marxists when the Walmart greeter shows them his penny stocks (he is bourgeois now)
Tbf, this is very loosely and poorly describing a process of socialization that is an inherent part of capitalism. Shame Marx never wrote about this in Vol 3 chapter 27 of capital.
The same person can be a customer at Walmart, a worker at Walmart, and a shareholder/owner at Walmart.
You laugh but this is literally the foundational model of microeconomics: dynamic stochastic general equilibrium that they have been teaching to every econ students for the past few decades.
The economists around the world advising their governments have all been indoctrinated to some degree of this neoclassical belief.
Marxists when the Walmart greeter shows them his penny stocks (he is bourgeois now)
Tbf, this is very loosely and poorly describing a process of socialization that is an inherent part of capitalism. Shame Marx never wrote about this in Vol 3 chapter 27 of capital.
Nobody’s done the reading, everybody is just reacting to vibes.
You laugh but this is literally the foundational model of microeconomics: dynamic stochastic general equilibrium that they have been teaching to every econ students for the past few decades.
The economists around the world advising their governments have all been indoctrinated to some degree of this neoclassical belief.
Am I dumb or is it supposed to read like wank?
I’m pretty sure all modern liberal “economics” is supposed to read like wank by design
Feels like the self-selection scammers go for, anyone that would find it wank would self-select themselves out of the pool.
Huh. That would explain a lot about economy majors actually.
As a literal former Walmart greeter who got a few thousand in the Employee Stock Program, fuck this guy (and double fuck Walmart)
Getting fired by Walmart and making their Wikipedia page for it is the crowning achievement of my career.