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To: GenXteacher

A system utterly dependent on mass consumption, which is pretty much what we’ve had in the USA since 1946 (and in Europe since the end of WWII reconstruction, say, 1955 or so) has to mass consume—even by way of debt if that’s the last resort.

On the other hand, the reciprocal approach—producerism—doesn’t really work without a mass market to consume the objects of production.


10 posted on 09/04/2011 5:09:07 PM PDT by jack gillis
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To: jack gillis
"A system utterly dependent on mass consumption,"

Given aging demographics in the West and expanding demographics in the East and Third World, would not capitalism dictate that the means of production shift to markets where the demand and the opportunity for profit is growing? American and European government policy is simply accelerating the process.

20 posted on 09/04/2011 6:19:36 PM PDT by buckalfa (Confused and Bewildered With a Glass Half Empty)
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