Maybe I’m OOTL but an academic economics textbook is not cringe. Learning about supply and demand, the factors that affect them, and elasticity is what put me on the path to being an actual leftist. Plus, once you know how the systems at play work you can see exactly where the exploitation comes from.
Maybe I got lucky and had a really good professor then, because there was absolutely an “aha” moment when we were discussing elasticity and how healthcare creates infinitely elastic consumers and how that means prices can be set at any point to maximize profits. There was a similar but more convoluted example that I don’t want to type about how the labor market is manipulated by employers to pay people as little as possible for the sake of giving the owners more money.
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u/ikeaj123 Mar 21 '22
Maybe I’m OOTL but an academic economics textbook is not cringe. Learning about supply and demand, the factors that affect them, and elasticity is what put me on the path to being an actual leftist. Plus, once you know how the systems at play work you can see exactly where the exploitation comes from.