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17min chapter
Confronting Neoclassical Economics
Revolutionary Left Radio
Neoclassical Economics: Origins, Dominance, and Critiques
This chapter explores the origins and dominance of neoclassical economics, its shift from classical economics, and the critiques it faces. It discusses the concept of value, individual decision-making, storytelling, and unresolved debates within neoclassical economics. The chapter also highlights the questionable assumptions and premises underlying the field and the debate between private ownership and government intervention.
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