business school isn't actually teaching you a science.
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@floridamarx
It also preloads them with rationalizations & justifications for what "doesn't count as a cost" & therefore doesn't have to be subtracted from the resulting profit. Of course, these "externalized costs" Re often actually socialized losses & costs passed onto the general population, that is excluded from amy of the profits. Especially if they never are taxed or insufficiently so.
What do you think @FantasticalEconomics ?
#Capitalism #ideology #business #economics ##AntiCapitalist
No disagreements with any of that! (Issues, very much so.)
I'm not sure if most business programs actually try to label their harmful gibberish as science (though they may call it 'managerial science' or some other nonsense at times), but they certainly pretend to teach something useful, which they don't.
It's just narrowly applied neoliberal doctrine without even the attempt at rigour that economics programs gilt over their facades.
Cut costs, outsource, grow, ignore externalities and morals and fairness... then pretend you've done good for the world because greed is good for society.
Then take your MBA and beat workers - workers who have actual insights into the industry you have zero experience in - into submission with your lofty sounding words.
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No disagreements with any of that! (Issues, very much so.)
I'm not sure if most business programs actually try to label their harmful gibberish as science (though they may call it 'managerial science' or some other nonsense at times), but they certainly pretend to teach something useful, which they don't.
It's just narrowly applied neoliberal doctrine without even the attempt at rigour that economics programs gilt over their facades.
Cut costs, outsource, grow, ignore externalities and morals and fairness... then pretend you've done good for the world because greed is good for society.
Then take your MBA and beat workers - workers who have actual insights into the industry you have zero experience in - into submission with your lofty sounding words.
@FantasticalEconomics @SrRochardBunson @floridamarx They also pretend to teach something objective & factual, which they also very much don't - they like to pretend that their "laws" are like the laws of nature; money flows just like fluids, if this, then that etc.
This is not the problem, though - the problem is that we let them. These self-righteous nutbars have infected every level of society, posing as experts & coopting policy, with alarmingly scarce pushback...
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business school isn't actually teaching you a science. It's teaching you an ideology.
It exists to produce the managerial class - enforcers of capital who normalize the idea that "profit" is the natural goal of human existence, rather than a parasitic extraction.
@floridamarx have a business degree, can confirm
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business school isn't actually teaching you a science. It's teaching you an ideology.
It exists to produce the managerial class - enforcers of capital who normalize the idea that "profit" is the natural goal of human existence, rather than a parasitic extraction.
Economics is a pseudoscience. Business school is for wannabe economists who don’t want to join the priesthood.
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@FantasticalEconomics @SrRochardBunson @floridamarx They also pretend to teach something objective & factual, which they also very much don't - they like to pretend that their "laws" are like the laws of nature; money flows just like fluids, if this, then that etc.
This is not the problem, though - the problem is that we let them. These self-righteous nutbars have infected every level of society, posing as experts & coopting policy, with alarmingly scarce pushback...
Fully agree. Despite what they preach, the choice to: maximize profits, pursue economic efficiency, and think that growth is good are very value-based, normative ideas. So far from the objectivity they claim to value. Even how these terms are defined and quantified require normative choices.
It is definitely a problem we don't push back on it. I also want to acknowledge how much has been invested by the uber wealthy to push this doctrine. Many econ and business schools are funded by right-wing ghouls like the Kochs.
This is not to say we shouldn't fight against it, just recognizing the tilted playing field we play on, as with all things that attempt to fight the system and those with power entrenched in it.
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@FantasticalEconomics @SrRochardBunson @floridamarx They also pretend to teach something objective & factual, which they also very much don't - they like to pretend that their "laws" are like the laws of nature; money flows just like fluids, if this, then that etc.
This is not the problem, though - the problem is that we let them. These self-righteous nutbars have infected every level of society, posing as experts & coopting policy, with alarmingly scarce pushback...
@jwcph @FantasticalEconomics @SrRochardBunson @floridamarx Unfortunately at least in the UK the media have almost all bought into this mindset. Their economics editors and business editors opine on every political/economic/business story from a starting point that corporate growth is desirable, government spending is wasteful and externalities that threaten our existence can be ignored. They will kill us all.
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business school isn't actually teaching you a science. It's teaching you an ideology.
It exists to produce the managerial class - enforcers of capital who normalize the idea that "profit" is the natural goal of human existence, rather than a parasitic extraction.
@floridamarx meanwhile the accounting students are laughing their ass off at that ridiculously simplistic definition.
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business school isn't actually teaching you a science. It's teaching you an ideology.
It exists to produce the managerial class - enforcers of capital who normalize the idea that "profit" is the natural goal of human existence, rather than a parasitic extraction.
@floridamarx profit. what is it good for?
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@floridamarx marketing programs are equally trash.
They are about coercion, and feeding into insecurity, making insecurity, exploiting insecurity, and how to lie and sell nothing of real value. It’s rarely about creating better customer experience.
@floridamarx@mastodon.social @JoBlakely@mastodon.social its about creating a better customer experience when that's what gives you a better market share and/or perceived value
literally just manipulation
cunts -
business school isn't actually teaching you a science. It's teaching you an ideology.
It exists to produce the managerial class - enforcers of capital who normalize the idea that "profit" is the natural goal of human existence, rather than a parasitic extraction.
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@EricLawton @floridamarx unless your business is a worker-owned cooperative, it's inherently unethical!
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business school isn't actually teaching you a science. It's teaching you an ideology.
It exists to produce the managerial class - enforcers of capital who normalize the idea that "profit" is the natural goal of human existence, rather than a parasitic extraction.
@floridamarx Profit = the waste heat in an economic activity.
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business school isn't actually teaching you a science. It's teaching you an ideology.
It exists to produce the managerial class - enforcers of capital who normalize the idea that "profit" is the natural goal of human existence, rather than a parasitic extraction.
economics teaches that it's an indicator of market inefficiency, demonstrating that the system we're supposed to have democratically chosen and managed for the benefit of all, is failing us.
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business school isn't actually teaching you a science. It's teaching you an ideology.
It exists to produce the managerial class - enforcers of capital who normalize the idea that "profit" is the natural goal of human existence, rather than a parasitic extraction.
@floridamarx@mastodon.social
True, but you HAVE to start somewhere.
Primary school teacher here - i guess i could teach my 3rd- graders like that and some would laugh at me. -
@floridamarx meanwhile the accounting students are laughing their ass off at that ridiculously simplistic definition.
@masukomi @floridamarx And the engineering students are confused why anyone would think such a simple equation using only fixed-point rational number variables is useful to anybody. No matrices, quaternions, or multivectors anywhere. Not even one single-variable integration.
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@jwcph @FantasticalEconomics @SrRochardBunson @floridamarx Unfortunately at least in the UK the media have almost all bought into this mindset. Their economics editors and business editors opine on every political/economic/business story from a starting point that corporate growth is desirable, government spending is wasteful and externalities that threaten our existence can be ignored. They will kill us all.
@pthane @jwcph @FantasticalEconomics @SrRochardBunson @floridamarx yep I couldn’t agree more, the topic comes up in climate circles a lot.
