this post was submitted on 15 Jun 2024
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With paleonthology you can go to new place and already have prediction what you will find 500 meters under ground. With economics you can't make prediction(assuming not having any historical knowledge) what will you find even 50 years ago or 50 years into future. What now has wild olygarchy could have had economic system vastly different from capitalism or feudalism 50 years ago. You can barely predict what will be next year: feudalism, capitalism or command economy.
And last problem is when people say economics, they usually mean capitalism economy.