|
|
|
|
|
by barchar
29 days ago
|
|
The saying is "workers spend what they earn and capitalists earn what they spend". Capitalists don't need worker demand to support their own consumption; spending out of profits directly supports profits overall. It would be something of a consumption race to the bottom, however. They wouldn't be any better off vs if we supported adequate demand for everyone, but they might control a bigger slice of the (much) smaller pie. |
|