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> The core problem we face is overproduction. Vastly more can be produced than can be consumed. Varoufakis agrees overproduction is a problem and alludes to it
by feedforward 3y ago
> The core problem we face is overproduction. Vastly more can be produced than can be consumed.
Varoufakis agrees overproduction is a problem and alludes to it in many places. The Global Minotaur - "Profit can only be envisaged if the level of overall future demand is strong. Unfortunately, the future is unknowable. The only thing business folk know for sure is demand is never strong for long..."