Economics is an attempt to describe and explain reality. This puts economics miles ahead of progressive dogma, which denies reality even exists. From Christopher Chantril at americanthinker.com:
Who knew? Progressive economists are now attacking economics. According to Burton Abrams “progressives in the Democrat Party, backed… by left-wing sociologists and political scientists”:
deny basic economic principles and theory. They deny that incentives matter, that markets work better than government dictates, that scarcity and opportunity costs exist, that the laws of supply and demand are operative, that benefit-cost analyses have merit, and that economic efficiency makes consumers and producers better off.
Okay, fine. So how do progressive experience things?
They rely heavily on the vaguely defined concepts of diversity, equity, and inclusion.
In another proof of God’s existence, my brother-in-law pointed me to a piece in Claremont Review of Books that addresses this question. It’s a piece by Helen Andrews about the lights going out in South Africa.
Briefly, the ANC regime in South Africa has followed the progressive line to a T. And South Africa has gone straight to hell, economically and culturally and politically.
Why? Because the ANC thinks that all you need to do is hand over the levers of the economy to its supporters, and bingo!
Except that everything goes straight to hell. And plenty of people in today’s South Africa are witnessing it.
The comrades have to destroy reality in order to build the CCCP back better.
These are the same intellectual heavyweights who think discovering sex and genitals is edgy and progressive.
Inverting everything for their gods Karl and Lucifer is all the Long Marchers know and creating or building is not in their skillset.