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It's not really increasing the size of the pie: consumers only have so much time and mental energy. The growth of marketing just represents capital helping itse
by JonnieCache 13y ago
It's not really increasing the size of the pie: consumers only have so much time and mental energy. The growth of marketing just represents capital helping itself to a bigger share. As the number of consumer choices grows, the amount of effort demanded of them as utility-maximisers increases exponentially, as do the stakes.