World, Flesh and Development
Today I was sitting in a place in Somerset, watching the world go by, when the Meme said to me, "Y'know, the whole world depends on people spending a lot of money on what they don't need. If people only spent money on what they needed, everyone would be poor and the world would fall apart."
It makes a terrible kind of logical sense. And trying to reverse this pattern is not possible unless there is some sort of apocalypse first. Perhaps in 2012? Heh.
Labels: Apocalypse, Economics, Urban Life
2 Comments:
haha... basically, its the age-old maxim that was officially(?) coined by adam smith: greed is goooooooooooooooooooooood
Adam Smith... the guy who was the forefather of Classical Long-Run Aggregate Supply Theory? I think.
...The aforementioned quote also being remarkably well-known as the Warcraft 3 cheat for getting ridiculous amounts of gold/lumber.
/Sorrows
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