less goods would be produced as there is less demand
So that’s a bad thing?
From a capitalist/profit point of view I can see it is, but isn’t it good for everyone?
Like having less cars on the streets. That’s probably bad for profits, but good for everyone. Though I guess humanity is still very far from a point where people in power would be able to see it that way.
From a capitalist/profit point of view I can see it is, but isn’t it good for everyone?
Like having less cars on the streets. That’s probably bad for profits, but good for everyone. Though I guess humanity is still very far from a point where people in power would be able to see it that way.
Yes, in reality, less consumption is a very good thing.
In capitalism less consumption is an existential threat and cannot be tolerated.