“Similarly, though the United States is one of the world’s richest economies by per capita income, it ranks only around seventeenth in reported life satisfaction. It is superseded not only by the likely candidates of Finland, Norway, and Sweden, which all rank above the United States but also by less likely candidates such as Costa Rica and the Dominican Republic. Indeed, one might surmise that it is health and longevity rather than income that give the biggest boost to reported life satisfaction. Since good health and longevity can be achieved at per capita income levels well below those of the United States, so too can life satisfaction. One marketing expert put it this way, with only slight exaggeration: Basic Survival goods are cheap, whereas narcissistic self-stimulation and social-display products are expensive. Living doesn’t cost much, but showing off does.” ― Jeffrey D. Sachs, The Price of Civilization
The economy does not look great right now. Things are slowing down. You are seeing layoffs in many, many sectors of the economy. If we are not in a recession right now, we are likely to be in one very soon. The probabilities in this economy tell you to batten down the hatches. If you are an individual and you are thinking about buying a large-screen TV, maybe slow that down, keep that cash, see what happens. Same thing with a refrigerator, a new car, whatever. Just take some risk off the table. - Jeff Bezos, November 2022
Preaching is the ultimate grift, they don't have to pay taxes, the product they sell is invisible, and if it doesn't do what they claimed it would do then they just blame it on the consumer for not believing in the product enough.
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An Antidote to Corporate Media
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