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"There's A Staggering Conspiracy Behind The Rise Of Consumer Culture"
2020 Feb 13, 11:37am 47 views 1 comments
"Banker Paul Mazur of Lehman Brothers saw the way forward: "We must shift America from a needs, to a desires culture. People must be trained to desire, to want new things even before the old had been entirely consumed. We must shape a new mentality in America. Man's desires must overshadow his needs."
Conclusion: 'There's a sucker born every minute.' & they will go into debt to keep up with their friends & neighbors.
50 years ago I was that stupid ,too!
2020 Feb 13, 11:56am
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I believe that Aldous Huxley attacked this in
Brave New World
This is why Keynes was wrong about how productivity gains would lead to a shorter workweek for workers.
one year ago