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by dnautics 3615 days ago
You're confusing "economic reality" with "economic narrative". That's a superset of "capitalist narrative", "free-market narrative" (distinct from "capitalism"), and "socialist narrative". All parties (as you just did) spin their own stories about what ought to happen or why what does or should happen is morally justified, and all of these stories run up against the reality (measurable or unmeasurable) of coordination of supply, demand, and the interaction of voluntary and coercive power with that.