
Jacobin | B Bell/Getty
Recent years of economic and social upheaval have brought to brighter light how capitalists use the esoteric language of economics to sell the public on class warfare. Since the beginning of the pandemic, capitalists and their allies have blatantly instrumentalized economic concepts like inflation, recession, labor shortages, and supply chain shortages to justify ripping off consumers, raising rents and evicting tenants, and depressing wages and firing workers — and to dismiss anyone who objects to these practices as economically illiterate.