Quote:
Originally Posted by roachboy
but still, the sense that conservative economic ideology has this nihilist streak to it that is not at all present in what it says, but shows up when you think about what it says against the background of the history that lead up to their saying it. this is not the same as adam smith or ricardo. but i only really know about them from marx. maybe that's true for you too.
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The nihilism is definitely there in Malthus, and i think that nihilist streak is there in Ricardo and Smith, too. Ricardo & Smith had their competitors, and the abstraction of so-called classical economics functions to occlude the issues raised elsewhere. Classical and neo-classical economics are arid wastelands by design.