just like animals need to keep circulating blood to stay alive, so does the economy need to continue circulating consumer goods and products. without it, it’s dead and becomes worthless rather rapidly.
basically, the economy has a stark interest in keeping consumerism running. that’s in fact such a large interest that it even justifies taxing the rich and redistributing money sothat it can flow in circles (from bottom to top, from top to bottom).
But what if our oligarchs just let 40% of us die, instead? Do they even notice a difference? They probably make more money.
The whole pyramid scheme requires the poor to buy things, and collapses when they don’t.
Gotta boost the casket industry somehow.
just like animals need to keep circulating blood to stay alive, so does the economy need to continue circulating consumer goods and products. without it, it’s dead and becomes worthless rather rapidly.
basically, the economy has a stark interest in keeping consumerism running. that’s in fact such a large interest that it even justifies taxing the rich and redistributing money sothat it can flow in circles (from bottom to top, from top to bottom).
Where exactly is that happening besides western Europe? I do not see that happening in the USA at the moment.