Econophysics -- dumb question

Carrol Cox cbcox at
Mon Aug 28 20:07:39 PDT 2000

Gordon Fitch wrote:

> 4. Economic processes may be frequently, even customarily,
> overruled by other social processes, like politics.

But politics is not one thing, economics another. Economic processes simply do not exist as an independent system, with politics an outside element. There is a complex of social relations. Economics, as studied by modern economists, is a false abstraction from that complex. And all attempts to understand social relations which assume "the economy" as an entity are necessarily nonsense -- incoherent.


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