Occasional Tweets: Democracy or Oligarchy ― which side are the fake scientists from the faculty of economics on?

 

The correct name of the political system is #Oligarchy. Parlaments are an integral part of it. The 3-sector #ProfitLaw Q≡(G−T)+(I−S) implies #PublicDeficitIsPrivateProfit. #DeficitSpendingMoneyCreation secures systemic self-alimentation with #Profit. #Economists are complicit. pic.twitter.com/bxRWGdOFU2

— E.K-H (@AXECorg) February 15, 2022

For details of the big picture see cross-references Political Economics/Stupidity/Corruption.

For more about Simon Wren-Lewis see AXECquery.