There’s be nothing better for consumerism than UBI…
The bottleneck in our economy is that people don’t have enough to spend. Literally the only thing propping us up right now, is Americans keep spending and economists are openly admitting they don’t know why.
If every American tried to save 5k in the bank right now, our economy would grind to a halt and there’d be massive layoffs, followed by the few with jobs still saving even more. Jobs plummetting their wages due to increased labor supply, now people are still saving, it’s just taking longer.
We are so fucking close to a depression and everyone keeps pretending we’re fine just because fossil fuels drilling is at record level and we’re importing lots of cheap consumer goods from overseas.
Unregulated capitalism like this isn’t sustainable
There’s be nothing better for consumerism than UBI…
The bottleneck in our economy is that people don’t have enough to spend. Literally the only thing propping us up right now, is Americans keep spending and economists are openly admitting they don’t know why.
If every American tried to save 5k in the bank right now, our economy would grind to a halt and there’d be massive layoffs, followed by the few with jobs still saving even more. Jobs plummetting their wages due to increased labor supply, now people are still saving, it’s just taking longer.
We are so fucking close to a depression and everyone keeps pretending we’re fine just because fossil fuels drilling is at record level and we’re importing lots of cheap consumer goods from overseas.
Unregulated capitalism like this isn’t sustainable
Let me simplify this for you further.
Consumerism is bad.
Capitalism is bad.
Welp, before I block you, I might as well clarify for everyone else:
If consumerism was important to the rich, then they’d support UBI.
They don’t make their wealth off consumerism anymore, that shit is decades old.
It’s like getting mad at horse drawn carriages are overpriced.
If you’re going to block people for being anti-capitalist, you’re going to have to block the majority of Lemmy.
Our planet cannot survive consumerism, and we don’t need to seek fleeting happiness through novelty of purchasing a product.