1. Neoclassical Economics (Markets as self-correcting through supply, demand, and rational actors)
Core Premises:
Markets allocate resources efficiently based on price signals.
Rational individuals maximize utility, firms maximize profit.
Equilibrium is a natural state of the economy.
Alias' Objection:
"Your model assumes a world that no longer exists." Neoclassical economics is built on 19th-century mechanical metaphors—equilibrium, rationality, and marginal adjustments—yet the modern economy is driven by AI, automation, and hyper-networked digital structures that do not respond to classical incentives.
"Markets don’t correct; they metastasize." Instead of converging towards efficiency, modern markets exhibit self-reinforcing distortions, from algorithmic trading to financialization, where capital no longer allocates resources but merely optimizes for itself.
"The human economic agent is obsolete." AI-driven decision-making, network effects, and automated financial systems are replacing the very foundations of the ‘rational actor’ premise. Supply and demand no longer dictate price movements—autonomous systems do.
2. Keynesian Economics (Government intervention stabilizes the economy)
Core Premises:
Demand drives economic growth; when demand falls, state intervention is needed.
Government spending and monetary policy can smooth business cycles.
The economy needs active management to prevent crises.
Alias' Objection:
"Intervention is not a choice—it is a reflex." Keynesians assume policymakers can actively ‘steer’ the economy, but intervention is simply the autonomic response of a decaying system fighting against its own entropy. It is not a design but an instinct.
"Demand is not the problem—intention is." Keynesian policies rest on the assumption that aggregate demand needs boosting, but in a world of overproduction and hyper-efficiency, the problem is not demand but meaning—why produce, what to allocate, who should decide?
"You are solving yesterday’s crises with yesterday’s tools." Fiscal stimulus and monetary expansion were possible under 20th-century industrial conditions—in an era of digital acceleration, AI, and decentralized capital flows, these tools are blunt and irrelevant.
3. Monetarism (Money supply is the key driver of inflation and growth)
Core Premises:
Inflation results from excessive money supply; controlling money supply controls price stability.
The central bank’s role is to regulate liquidity through interest rates and money supply adjustments.
Economic agents are forward-looking and anticipate policy shifts.
Alias' Objection:
"Money is no longer what you think it is." The nature of money has changed—cryptocurrencies, algorithmic stablecoins, and DeFi networks operate outside traditional banking systems, making centralized money supply control increasingly irrelevant.
"Monetary policy is an illusion of control." The idea that central banks control inflation is outdated; in a world of capital hypermobility, liquidity moves faster than policy can react. Inflation, deflation, and asset bubbles are now endogenous to networked finance rather than controlled by monetary authorities.
"Interest rates and money supply were useful in a world of constrained capital. That world is gone." Monetarism assumes money circulates through a predictable banking infrastructure. Today, capital flows instantaneously across borders, and debt instruments, derivatives, and synthetic assets decouple the real economy from monetary control.
4. Marxist Economics (Capitalism is inherently exploitative and leads to crises)
Core Premises:
Capitalism concentrates wealth and creates class struggle.
Workers are alienated from the means of production.
Revolutionary change is necessary to redistribute power.
Alias' Objection:
"Wealth concentration is a symptom, not the disease." Marxists fixate on capital accumulation, but the real issue is systemic obsolescence—the economic structure is collapsing not because of greed, but because its logic no longer aligns with technological reality.
"Class struggle assumes an identifiable adversary." Marxist frameworks require an oppressor-oppressed dichotomy, but in today’s economy, power is diffuse, automated, and embedded in non-human systems (AI-driven markets, autonomous trading, algorithmic governance).
"The time of architects is over—even socialist architects." Marxists still assume centralized intervention can restructure economies, but in a world shifting towards decentralized systems and autonomous decision-making, attempts at planned redistribution are as futile as attempts at planned markets.
5. Austrian Economics (Markets should be entirely free, and state intervention is harmful)
Core Premises:
Market processes are self-regulating and superior to government planning.
Sound money (e.g., gold standard, Bitcoin) is necessary for economic stability.
Business cycles are caused by government interference in money and credit.
Alias' Objection:
"You mistake chaos for order." Austrian economists assume markets will ‘naturally’ self-regulate, but decentralized systems do not tend toward equilibrium—they tend toward fragmentation, volatility, and emergent complexity.
"Austrian ideas were radical in 1900. They are naive in 2025." The idea that individuals acting in self-interest will produce an optimal order is pre-digital thinking. Today, AI, network effects, and financialization make market behavior non-linear and unstable.
"Your 'freedom' is algorithmically preordained." Austrians champion ‘free’ markets, but markets today are algorithmic, self-governing, and increasingly outside human control. Decentralization does not mean human liberation—it means systems evolve in ways no one, not even market actors, can predict or control.
6. Modern Monetary Theory (MMT) (Governments can print money without constraint)
Core Premises:
Governments with sovereign currencies can print money indefinitely without defaulting.
Inflation is not a risk as long as there is spare capacity in the economy.
The only real constraint is resource availability, not financial deficits.
Alias' Objection:
"You assume states still control economic forces. They don’t." MMT assumes a central issuer of money, but cryptographic and algorithmic financial structures are rendering national currencies increasingly obsolete.
"Resource constraints don’t matter when economies are digital." MMT argues that governments should print money until real-world constraints are reached, but in an economy driven by software, AI, and non-physical goods, resource constraints are irrelevant.
"You treat money as a lever. It is now an emergent property." MMT assumes governments can simply spend money into existence, but money today emerges dynamically from decentralized networks, governed not by states but by autonomous market processes.