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>* peak stuff ( we don't need to consume as much any more ) why would companies invest in new jobs and infrastructure when they are not going to recoup the cost
by eli_gottlieb 10y ago
>* peak stuff ( we don't need to consume as much any more ) why would companies invest in new jobs and infrastructure when they are not going to recoup the cost through growing sales ?
We currently have a glut of consumer goods, but they're mostly consumer goods with low marginal desirability, and we actually have a shortage of physical capital, collective infrastructure, and equipment for personal empowerment.
To wit: it's better to have affordable, high-quality education and public transit, at the margins, than the N+1st craft brewery.