The economy we have now transcends rationality. It no longer exists to serve a function like distributing goods or developing the productive forces. Instead, its particular manifestation now is treated as dogma - eternal and unchanging. We pray for shallow declines and sharp growth like peasant farmers pray for rain. Meanwhile, we, the common people, pay for holy wars against ideological enemies. Long ago we gave up on innovation in favor of rent-seeking and parasitism, like the high priests of old.
The economy, namely free market capitalism, has become the new state religion in the west.
The economy, namely free market capitalism, has become the new state religion in the west.