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Ending the depression through planned obsolescence (1932)

Author: montalbano

Score: 32

Comments: 4

Date: 2021-11-29 17:51:36

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missedthecue wrote at 2021-11-29 21:27:56:

Hark! I hear a fallacy

"Demand can grow the economy"

We produce so we can buy

Demand's enabled by supply

If our goal is more consumption

First, we must increase production

Rising productivity

Is the path to prosperity

The Law of Markets tells us why

Growth is driven by supply!

riedel wrote at 2021-11-29 19:50:43:

I did not read the "the" before depression and was expecting a psychological article and was wondering how one could actually plan obsolescence...

Nasrudith wrote at 2021-12-01 01:21:52:

A pitch-black comedy joke about committing suicide to lower overall rates of depression would fit. In a Johnathan Swift style technically a solution but absolutely horrifying way.

rendx wrote at 2021-11-30 18:08:41:

"inflation" is what you call the tax on "hoarding money and keeping old and useless things" that the author claims is lacking. (page 8/9)