this is a point that massively gets overlooked in economic academic circles. especially since the fall of the berlin wall and dismantling of the USSR/eastern block.
neoliberal economics tends to disregards any other basics of economics as an afterthought, and the philosophical debate about how a country's goals (and thus economy) should be build hasn't been held since.
Re:Bullshit Jobs by David Graeber (2018)
by imtringued on Monday June 19, 2023 @12:19PM
(#36392831)
It is neoclassical economics. (E.g. the ones with the equilibrium models)
Neoliberalism is a political philosophy from the 70s akin to Thatcher or Reagan. A lot of neoclassical economics is intended to make neoliberalism look good but that doesn't mean they are the same thing.
There are other forms of economic thought, but, IMO, they all start from different fundamentals. If the goal is profit and productivity, there's various ways to organize an economy to pursue that goal. If the goal is human flourishing, then alternative economic models are needed.