|
|
|
|
|
by 001sky
4363 days ago
|
|
This is a bizarre tangent. An oligarch could just enslave people through brute force or more subtle means of mental and psyhcological manipulation into working feverishly in a self-defeating system of exploitation. Is that "creating demand" for labour? Or for the products? Is demand for slave labour a good kind of demand? |
|
But I feel if the oligarch overplays the enslavement, everyone can choose to commit suicide and having no pain anymore in their lives. Then the oligarch will have no one to play the game with.
So to keep the system working, the oligarch has to fulfill desires of people.
My main point is the most precious wealth for everyone is the time of their lives. And we all trade our time in lives with other people in either products or services. Progress in technologies has enabled us to enjoy growing purchase power of our time and enable us with more fulfillment of desires. But for the moment the whole economy system somewhat gets stuck and we are having problems to figure out what demand can we create to allow people to trade with. Even an oligarch has to trade wealth for desires.