211
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 17 Oct 2023
211 points (93.8% liked)
World News
32524 readers
909 users here now
News from around the world!
Rules:
-
Please only post links to actual news sources, no tabloid sites, etc
-
No NSFW content
-
No hate speech, bigotry, propaganda, etc
founded 5 years ago
MODERATORS
Quite the contrary; the State by lobbying, subsidies and "international aids" is actually benefiting the giant businesses, as the coercion made by the State harms the SME's and we the common people to trade with other countries.
Basically, I'm describing corporatocracy (the State is dominated by corporate business interests).
By "russia exports and imports" (fallacious use of collective nouns), I'll interpret it as businesses affected by the sanctions.
As I said before: "Descriptive economics is not the same as explanatory economics". You can't just infere those sanctions are not working from having analyzed statistics and economic history. You need first an economic theory that tries to explain how the economy works by identifying the causal relationships between economic actions and events.
I'd recommend you to read about Mises's Human Action (praxeology based on methodological individualism).