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by Jupe 226 days ago
Consumers are needed for capitalism to work.
1 comments

But not everyone needs to be a consumer. I could see the end result of all of this wealth consolidation being that the top 1% both own everything and are the only consumers. Rich people selling things to each other.

I once worked with a founder whose side business was building and selling yachts. Why yachts? If you asked him, he'd say because yacht buyers are the ones who have money.