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Pope Epopt:
the promotion of a technocratic over a political agenda
Everything is political. Neoclassical economics claims to be technocratic and not political. Classical marginalist economics claimed to be more objective and therefore that they could dispense with the label political economy, which was "relegated" to a branch of sociology.

Keynesianism is intellectually hard, as evidenced by the inability of many trained economists to get it - Paul Krugman
by Carrie (migeru at eurotrib dot com) on Thu Feb 17th, 2011 at 08:58:40 AM EST
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except that sociologists didn't buy it and Marxist sociologists relegated classical economics to a branch of the ideological superstructure of the state....

Index of Frank's Diaries
by Frank Schnittger (mail Frankschnittger at hot male dotty communists) on Thu Feb 17th, 2011 at 09:10:44 AM EST
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Absolutely - I assumed that - technocratic = political maintenance of the status quo.
by Pope Epopt on Thu Feb 17th, 2011 at 09:47:36 AM EST
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But that is a subversion of the term.

Keynesianism is intellectually hard, as evidenced by the inability of many trained economists to get it - Paul Krugman
by Carrie (migeru at eurotrib dot com) on Thu Feb 17th, 2011 at 09:54:25 AM EST
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