Thursday, August 10, 2006

Capitalism and Calculus

Ah, liberation of all freedom loving people: free market, equilibrium, social surplus, consumer surplus, efficiency, profit.
Ah, evildoers: market distortion, government intervention, deadweight loss, inefficiency, tax.

What sounds better? Never thought I'd be interested in linguistics but I'm overwhelmed by the insidious inculcation of capitalism into every nook and cranny of this school. The obvious culprits are macroeconomics and microeconomics, possibly even our "globalization" class, but our case discussion class and even calculus, of all things, is geared toward profit maximization, i.e. screwing as many people as possible to make as much money as possible. Absolutely no alternatives are presented, not that I should be surprised or shocked or anything, but the incredible assumption blows me away. I'm curious what these types of schools looked like as they were formulating inthe 60's and 70's when there were more than ahandful of socialist governments around.

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