Economists Prove That Capitalism Is Unnecessary

Actually they’ve done no such thing. But they do effectively assume that it’s unnecessary all the time. This transcendental truth became apparent to me in the reactions I have had from mainstream economists to a lecture I gave to my Kingston students this month (which is posted on my YouTube channel and blog). In it I explained that, at a very basic level, the original “Neoclassical” mathematical model of a market economy is mathematically unstable...
Read more: http://ift.tt/1S7sEc8