Economics has been called the "dismal science", which is su…

Economics has been called the "dismal science", which is surely the designation of an addict who doesn't want to be cured. Is it really so dismal to say that socialism doesn't work? To the contrary, economics seems to imply that with capitalism we can eliminate poverty over a long enough time, whereas with socialism we cannot. In fact, with socialism we create poverty instead of ending it. But surely, ending poverty is the whole point of being a socialist isn't it? No, for those who think economics is dismal, that cannot be the only reason. Economics is dismal to the upper class because capitalism comes at the expense of the upper class. Economics is also dismal to people who have been addicted to the ideas produced by the upper class because it threatens them with nihilism.