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Consumer-capitalism is an economic system which depends on consumption from the working- and middle-class. It is not merely a lifestyle which is opted into. Bu
by avgcorrection 4y ago
Consumer-capitalism is an economic system which depends on consumption from the working- and middle-class. It is not merely a lifestyle which is opted into.
But this always gets framed as changing the hearts and minds of regular people. Well my own prime minister was a bit upset that people were consuming less during the height of the pandemic. They wanted people to get back to “supporting small businesses” ASAP.
- imtringued 4y agoIn my opinion people are working backwards. They are taking properties of money and project them onto humans rather than doing the opposite. Economists say people have infinite wants and needs but really, in practice it boils down to a desire to constantly learn new things. The only reason why people may want an infinitely high amount of money ie. infinite wants is because there is no opportunity cost to holding money, humans really love having infinite free things and hate things that cost them something.