alt Hacker NewsWhy do we need people to consume when we have the government?
Serious question. As in, we built the last 100 years on "the american consumer", the idea that it would be the people buying everything. There is no reason that needs to or necessarily will continue-- don't get me wrong, I kind of hope it does, but my hopes don't always predict what actually happens.
What if the next 100 is the government buying everything, and the vast bulk of the people are effectively serfs. Who HAVE to stay in line otherwise they go to debt prison or tax prison where they become slaves (yes, the US has a fairly large population of prison laborers who are forced to work for 15-50 cents/hour. The lucky ones can earn as much as $1.50/hour. https://www.prisonpolicy.org/blog/2017/04/10/wages/
where will the government get the money to buy anything if the billionaires and their mega corps have it all and spend sufficient amounts to keep the government from taxing. we have a k shape economy where the capital class is extracting all of the value from the working class who are headed to subsistence levels of income and the low class dies in the ditch.