perhaps there is something that could be called consumer-ocracy, – consumerocracy – maybe there’s a lot real in there, maybe it functions great-part on illusion also
https://en.wikipedia.org/wiki/Consumerism
wandered while considering the great buildup of democracies verses oligarchies, that’s how it’s being boldly presented on my favorite TV channel anyway
transition said:
perhaps there is something that could be called consumer-ocracy, – consumerocracy – maybe there’s a lot real in there, maybe it functions great-part on illusion alsohttps://en.wikipedia.org/wiki/Consumerism
wandered while considering the great buildup of democracies verses oligarchies, that’s how it’s being boldly presented on my favorite TV channel anyway
wondered, a der in there
because the selling point of modern economics is that growth is dependent on demand, rather than on supply
SCIENCE said:
because the selling point of modern economics is that growth is dependent on demand, rather than on supply
Supply is isn serious trouble at the moment though.
roughbarked said:
SCIENCE said:
because the selling point of modern economics is that growth is dependent on demand, rather than on supply
Supply is isn serious trouble at the moment though.
A lot of ‘supply chain problems’ are real, that’s for certain.
Some are not so real.
‘Supply chain problems’ are also a useful tool for the big supermarket chains. They tell their suppliers that they just can’t take the suppliers’ products right now because of the problems. If the supplier is willing to drop their price to the supermarkets a bit, either because they get the hint or out of desperation, then, behold! the supply chain problems disappear!
captain_spalding said:
roughbarked said:
SCIENCE said:
because the selling point of modern economics is that growth is dependent on demand, rather than on supply
Supply is isn serious trouble at the moment though.
A lot of ‘supply chain problems’ are real, that’s for certain.
Some are not so real.
‘Supply chain problems’ are also a useful tool for the big supermarket chains. They tell their suppliers that they just can’t take the suppliers’ products right now because of the problems. If the supplier is willing to drop their price to the supermarkets a bit, either because they get the hint or out of desperation, then, behold! the supply chain problems disappear!
Sucked into the stupormarket.
anyway yes it kind of supports our contention that the relative abundance of supply in the recent past masked that fact and allowed this focus on demand hence enabling the squander and greed that we have seen
induced demand kind of applies differently to necessary spending compared to discretionary spending
https://thenewdaily.com.au/finance/2022/07/03/shoppers-environmentally-friendly-companies/
Consumption is king. The whole world economy relies upon consumption. If there is not somebody somewhere that will buy your goods or services you have no business. Supply is secondary.
party_pants said:
Consumption is king. The whole world economy relies upon consumption. If there is not somebody somewhere that will buy your goods or services you have no business. Supply is secondary.
Heya party_pants!
consumerocracy is a great word and I will use it often from now on.
videre licet
roughbarked said:
SCIENCE said:
because the selling point of modern economics is that growth is dependent on demand, rather than on supply
Supply is isn serious trouble at the moment though.
I contemplaties the possibility consumerocracy has some problems, it’s got wobbly, unstable, perhaps even expanded where it ought not be
transition said:
roughbarked said:
SCIENCE said:
because the selling point of modern economics is that growth is dependent on demand, rather than on supply
Supply is isn serious trouble at the moment though.
I contemplaties the possibility consumerocracy has some problems, it’s got wobbly, unstable, perhaps even expanded where it ought not be
Indeed…
transition said:
perhaps there is something that could be called consumer-ocracy, – consumerocracy – maybe there’s a lot real in there, maybe it functions great-part on illusion alsohttps://en.wikipedia.org/wiki/Consumerism
wandered while considering the great buildup of democracies verses oligarchies, that’s how it’s being boldly presented on my favorite TV channel anyway
Oh, you mean capitalism.