Research talk:5¢/YT/BaudrillardPostmodernStockMarket
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The Death of the Economy: Baudrillard's Financial Simulacrum
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- SoyGnostic Philosophy ( / ES)1
-1-1 - field, scope, or group [Item]
- postmodern philosophy ( / ES)1
-1-1 - postmodern economics ( / ES)1
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Motifs or claims
- It is appropriate to use Baudrillard to analyze the economy [2] -> why do people think this? if I'm not mistaken, he didn't even write about economics.
truth value: not likely true due to possible category error. - Revenue is a test of whether something works in reality [3] -> it's somewhat fair to slam that one because it doesn't cover things like whether a product is novel versus old, in-print versus out-of-print; something that is highly useful and effective could make next to no profit at all precisely because it doesn't drive growth and speculation.
- postmodern economics [4] -> well, I didn't think this was even possible, but the postmodernists showed me I guess.
- consumerism (postmodern economics) [5] -> didn't know this one was a separate motif either! postmodernists are really telling on themselves with these videos.
- Most stock trading is not done by humans but by algorithms [6] -> so... when people say it's not possible to predict the future, or not possible to predict the economy, why do these exist?
- The economy mostly moves in response to other signals within the system [7] -> isn't that how all material objects work, though? no acknowledgement of dialectical materialism / special relativity. this is one of the bluest statements I've ever seen.