Saved by sari
I Don't Feel Like Buying Stuff Anymore
We’re seeing endings everywhere, in both obvious and non-obvious ways. Let me count the ways.Despite Trump’s non-brand-approved appearance, McDonald’s is failing as a major E. coli outbreak hit their (icky) onions (along with Burger King and Taco Bell too), sending shares down. It’s not just the E. coli but one of the brand’s fry suppliers closed m... See more
do YOU have capitalism poisoning? 🤢
Economists say America transitioned from a manufacturing-based to a consumer-based economy in the 1950s. That means our society depends on discontentment; on people buying more and more of what they desire not merely what they need. During WWII the government severely restricted public consumption of certain goods needed for the war effort. Followi
... See moreWITH GOD DAILY - "Gifts vs. Giver"
Jonathan Simcoe added
“What the data are showing is that people are just less interested in spending money now. You could say it’s an economic phenomenon, but I think it is broader than that,” said David Sanderson, senior analyst at UBS. “There’s no way to stimulate an economy that people simply don’t seem interested in participating in.”
Hank Green • A Beautifully Foolish Endeavor: A Novel (The Carls Book 2)
Same day shipping. Buy it without seeing it in person first. Free returns. The speed of commerce quickening at the same pace the cost and quality of the goods are decreasing. And the amount of things we keep buying shows no sign of abating. Amazon is on its way to selling half a trillion dollars worth of goods in America this year. And with new bar
... See moreJustin Mather added
Some content that I wanted to save that got pulled from final version of the essay
In a recent newsletter, “The Shopping Cure,” Anne Helen Petersen explored the compulsion to buy and accumulate stuff that’s been fostered by technologies of frictionless consumption. Every conceivable activity or hobby one sets out to enjoy becomes an occasion to buy stuff: “They transform from sites of actual pleasure and diversion to means of sel
... See moretheconvivialsociety.substack.com • Ill With Want
Andreas Vlach added
And then looking forward, as we eventually exit this pandemic and slog through the economic downturn, what will convince mass consumers to move their money toward more environmentally friendly products?
Dan Frommer • What happens to sustainability and ‘clean’ consumption after all this?
sari added
What’s worse is the deep capitalism poisoning that confuses consumerism with culture: a new water bottle despite having water bottles, simping for and falling for billionaire theatrics, happily welcoming the AI-fication of everything. A loser landscape is emerging, as teens want less sex in movies, as nightclubs close and sober bars rise, as nightl... See more
do YOU have capitalism poisoning? 🤢
The thing is, consumers in the bottom 78% of US workers live paycheck to paycheck, they already spend everything they have each month.They’re not holding back additional money, waiting for the right product to appear. Which means all this advertising is creating little additional growth and wealth, it’s just taking it from other companies.
Tim Robinson • Universal Basic Income is Capitalism 2.0 | TimJRobinson
Johanna added