If ONLY there was a Cheaper way to get MORE Work done with LESS Mistakes! OH WELL! Don’t forget to BUY our Products with your Unemployment Checks!Savings! WHY aren’t people BUYING things?
I see you’re problem. You’re using the old Fordist mode of economic growth, wherein you employ people at an income level such that they can buy the products they produce. Then you grow your capital stock by reallocating the labor surplus into new undeveloped areas of the country. That model of growth went out of fashion in the 80s.
Post Volcker-Shock, we adopted a strategy of indebting unaligned countries in exchange for modern technological improvements, then harvesting their natural resources at a functional loss to finance the USD denominated debts they struggled to pay back. Then we could effectively export dollars for cheap imports and allow Americans to buy them with money laundered through government contracts, grants, and Fed credit expansion.
But after COVID, we’re on to an even more revolutionary approach to profitability. We don’t need consumers. We don’t need to develop capital in foreign territories. We just do a direct 1:1 exchange of B2B SaaS services and American Dollars with the corporate oligarchs. Now people don’t need to buy anything, because governments buy everything. And if you’re friendly with the government, you get a slice. And if you’re not, you get shoved off a cliff.
If ONLY there was a Cheaper way to get MORE Work done with LESS Mistakes! OH WELL! Don’t forget to BUY our Products with your
Unemployment Checks!Savings!WHY aren’t people BUYING things?I see you’re problem. You’re using the old Fordist mode of economic growth, wherein you employ people at an income level such that they can buy the products they produce. Then you grow your capital stock by reallocating the labor surplus into new undeveloped areas of the country. That model of growth went out of fashion in the 80s.
Post Volcker-Shock, we adopted a strategy of indebting unaligned countries in exchange for modern technological improvements, then harvesting their natural resources at a functional loss to finance the USD denominated debts they struggled to pay back. Then we could effectively export dollars for cheap imports and allow Americans to buy them with money laundered through government contracts, grants, and Fed credit expansion.
But after COVID, we’re on to an even more revolutionary approach to profitability. We don’t need consumers. We don’t need to develop capital in foreign territories. We just do a direct 1:1 exchange of B2B SaaS services and American Dollars with the corporate oligarchs. Now people don’t need to buy anything, because governments buy everything. And if you’re friendly with the government, you get a slice. And if you’re not, you get shoved off a cliff.