The argument that "the economy" is not a natural force like weather, but a human-constructed game with invented rules, players (households, firms), and scores (GDP, money). Concepts like "inflation," "unemployment," and "the market" are models we built; they then take on a life of their own and shape our behavior, but they began as ideas, not laws of physics.
*Example: "A 'recession' is two consecutive quarters of negative GDP growth. GDP itself is a constructed metric invented in the 1930s. The Theory of Constructed Economics shows that the terrifying, objective-sounding force that 'causes' layoffs is actually a story we tell ourselves using numbers we invented. We built the game, forgot we built it, and now tremble at its rules."*
by Abzu Land January 31, 2026
Get the Theory of Constructed Economics mug.The idea that your wallet is a primary tool for steering behavior. It examines how access to resources, job markets, debt, and consumer culture dictates your life choices and keeps you invested in the status quo. Control is achieved by making your survival and social worth dependent on playing by the system's economic rules.
Theory of Economic Social Control Example: The crushing weight of student loans and mortgage debt. This isn't just personal finance; it's a potent form of economic social control. Needing to make huge monthly payments makes you far less likely to risk your stable job by striking, protesting, or starting a radical business. It funnels you into a compliant, productive life path by leveraging your economic vulnerability.
by Abzugal Nammugal Enkigal February 7, 2026
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