What usually happens is the area becomes too rich for the usual folk who have lived there since their birth. Now they can’t eat at a restaurant in their own home town.
Actually a little bit of humiliation goes a long way towards diligence when conducting expensive space experiments. Russia used to be the leaders in these fields. The world used to rely on Soviet vehicles for launch. They deserve to be held at a higher standard.
I agree with you. These capitalists spit on climate activists calling them doomers and even worse terms. But the moment someone suggests that it’s ok when the line doesn’t have to go up always… it’s pitchfork time.
It’s hilarious to see: Most Capitalists (or atleast those who are not actively opposing fossil fuel industry) complain about Doomers for the climate, but the moment the line stops going up you guys become Doomers yourself.
I have seen how capitalists scream when the line stops going up. But I never see capitalists suggest changes to how the economy is setup to avoid this phenomenon. I don’t trust people who can’t be objective when their baby has made a booboo.
Not the OP you were talking to, but I have to object to what you say is ignorance, even though you might be saying it about OP specifically. You probably think everybody thinks of deflation like this.
Deflation is bad -> I believe this is true. But that’s not the point.
The current economy is setup this way to make anything other than rampant consumerism and aggressive capitalism a country-destroying phenomenon -> This is what irks people. The rich and powerful have setup a shitty rube-goldberg machine that makes their lives better at the expense of the commonfolk, environment, and everybody else’s sanity.
Why don’t you want a smaller market for fridges? It’s essential product, but sustainable business if you can sustain yourself by providing services and repairs
Except if you think even a few more depths about this… you would understand people have needs. I would be happy to buy a car now if I need it now and can afford it. Your argument only works for goods that are not a necessity to life.
To be fair… us common folk keep hearing stuff about the economy… but the only outcome at the end of the day is we get screwed in higher prices, lower wages, fucked up climate for our kids. People get tired pretending this Economy isn’t rigged by wall street and the U.S Govt or people close to it.
What usually happens is the area becomes too rich for the usual folk who have lived there since their birth. Now they can’t eat at a restaurant in their own home town.