"The professional study of economics has become ideological brainwashing. It is a defense of the excesses of the capitalist system"
About this Quote
The subtext is a fight over what counts as neutrality. Economics often sells itself as descriptive - incentives, trade-offs, efficiency - while quietly smuggling in value judgments about what humans are (rational maximizers), what society is (a collection of transactions), and what counts as success (growth). Korten is pressing on the discipline’s power to define the terms of realism: if you can make capitalism feel synonymous with “the economy,” then alternatives become childish or utopian by default.
“Defense of the excesses” is the rhetorical pivot. He’s not saying economics defends capitalism in the abstract; he’s saying it defends the ugly parts: inequality justified as merit, environmental damage priced as an externality, precarious labor reframed as flexibility. In context, Korten’s activism is aimed at systems change, so the intent isn’t to refine economics at the margins - it’s to delegitimize the reigning framework and make space for other moral vocabularies: ecology, democracy, care, limits.
Quote Details
| Topic | Justice |
|---|---|
| Source | Help us find the source |
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APA Style (7th ed.)
Korten, David. (2026, January 15). The professional study of economics has become ideological brainwashing. It is a defense of the excesses of the capitalist system. FixQuotes. https://fixquotes.com/quotes/the-professional-study-of-economics-has-become-141351/
Chicago Style
Korten, David. "The professional study of economics has become ideological brainwashing. It is a defense of the excesses of the capitalist system." FixQuotes. January 15, 2026. https://fixquotes.com/quotes/the-professional-study-of-economics-has-become-141351/.
MLA Style (9th ed.)
"The professional study of economics has become ideological brainwashing. It is a defense of the excesses of the capitalist system." FixQuotes, 15 Jan. 2026, https://fixquotes.com/quotes/the-professional-study-of-economics-has-become-141351/. Accessed 13 Feb. 2026.




