We have what we don't throw awayOur goal of getting people to buy cars is wrong. It shows how confused our policy has become. If people have a car they don't need to buy another when we should be conserving resources.If people don't have a car they will need one, but after that the car factories will not need to keep producing more cars than needed for replacement. If we make the cars more durable to save money and resources the number of cars we need to buy will be very small. The goal of stimulating the economy to produce more than we need is wrong. We should stimulate the economy in a way to produce what we really need, no more, no less. Well...maybe a little more than we need would be best. That kind of stimulus must go directly to people to support the consumption they require; not to business to produce things we don't need and can't afford, using credit we can't repay. We need cash money in our pocket to buy the basics. That will allow the market to provide goods and services we need without a need to waste enough to keep us busy in jobs, and without growing consumer debt. Why would we expect to have full employment when machine unemployment is about to be dwarfed by robot unemployment? Why would we assume that we must keep all labor busy when we have a vast surplus of productive capacity? To avoid a direct stimulus to the people. Let's really accept capitalism. Dividends are a form of unearned income. Dividends are at the heart of our system. A direct stimulus to people would be like a dividend, a form of unearned income. Sustainable EconomicsRead more ... |