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Neoliberalism: A Soviet nightmare | Abby Innes

Philosophy For Our Times

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The Deterministic Duality of Economic Philosophies

This chapter critiques the deterministic foundations of neoclassical economics and Marxism-Leninism, arguing that both rely on utopian assumptions that are hard to challenge. It explores the tension between the scientific ambitions of neoclassical economics and the Marxist approach of historical intervention, while questioning the feasibility of achieving perfectly efficient economic systems within both frameworks.

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