As part of my apprenticeship I am doing a business management course.
I’m going to have to be careful not to out myself as an ML (if I haven’t already).
The economics portion of the course is pure lliberal bullshit.
But I guess that’s what I signed up for.
Yeah it kinda just seems like “value comes from supply n’ demand!!1” type shit with some mysticism about how business owners are built different thrown in lol. Defining capital as just stuff that makes work more efficient sure is a… choice. I feel like so much of bougie business just boils down to “reduce cap-ex to make profits higher cuz it’s always cheaper to piss in the lemonade and charge the same price than do anything else.” And then Forbes writes like 4000 words on how innovative and august the capitalist in question is.
You have to know about the invisible hand’s job