Economic Collapse Caused by Capitalism Not “COVID Pandemic”

The aversion of the rich and their political and media representatives to science in general and economic science in particular is legendary. When it comes to making sense of the economy, they rely mainly on irrationalism and discredited ideas. It is no accident that mainstream economics has long been called “the dismal science.” It lacks any robust explanation of economic realities. It is not useful to the public. Back in 2009, leading economists and “financial gurus,” when asked why they think the economy collapsed and wreaked havoc everywhere, relied heavily on “know-nothingism.” “We don’t really know for sure,” many nonchalantly and whimsically repeated.