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Hey all you miffed mugs out there,
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We’re never going to get out of our current code-red crisis without a major modification of how we think about economics.
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As we know it, the science of economics is a sham — a ruse justifying a form of late-late capitalism that’s got us on track to commit species-level suicide.
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So if we really want to pull off a much-needed paradigm shift, we have to move beyond our academic comfort zones and become metameme warriors.
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We have to occupy our economics departments: disrupt lectures, walk en-masse out of classes, post a never-ending stream of posters and provocations in the corridors, nail manifestos to the professors’ doors.
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We have to ridicule their axioms in campus newspapers and on campus radio . . . organize teach-ins and, in front of campus-wide audiences, demand to know how they factor forests, fish, climate change and ecosystem collapse into their macroeconomic models.
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We have to create a collective aha moment of truth when it becomes obvious that the professors in charge of educating the next generation of economic policy makers are unable to answer even the most fundamental economic question of them all: How do you measure progress, Mr. Professor? How do you know if we’re going forward or backward?
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And if they don’t know the answer to that, then of what use are they and their teachings?
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The rich pay no taxes. Foreign tax havens continue to thrive. Flash trading algorithms whirr away, turning stock markets into cash cows for the rich.
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Yet something is stirring. The banked fires of previous stifled revolutions never went out. And now they have found a new fuel.
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In this issue, we lay out a plan to crack the fatal neoclassical consensus — reinvigorating the wayward “science” of economics with the revolutionary fire needed to stave off a long dark age!
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Find out what makes FTF, sixty years on, a “tradition of enduring protest.”
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