We are also forced into consumerism. When I look at the last decade I see we are sold more crap that will not last so we are enticed to buy that crap not soon after. 1) Fast fashion. Is it the customer really that wanted cheap jeans that they would have to replace in a couple months? Or were we conditionned into wanting to change our clothes everytime so we are always "in trend" and get that "social acceptance" from our peers? 2) Are you someone that change their 2000$ iPhone every year to get the latest version otherwise you would feel ashamed and think people would judge you for owning and older version? Seek a doctor because prognostic is that you are clearly brainedwashed. 3) My 20 years old washing machine is still working well. Why I hear everywhere that now you are lucky if you buy new ones and they last more than 5 years? I tell you, its because the industry has designed their product to not last so that you buy again in 5 years...not 20 years. 4) You really need a BMW SUV that cost almost 100 000$? You feel like you get social recognition when you get to own certain brands? Maybe you watch to much ads. 5) And now the industry seek to squeeze us even more by forcing us into subscription model everywhere. Want to use your printer cartridges; better renew that app subscription. Want to use your car heating seat, better have unlock that paid feature in your car app. I'll tell you. We are dangerously heading more and more towards a society managed not by governements, but by corporations. At some point all aspects of our lives will be dictacted by the Google, Amazon, Apple and Elon Musks of this world. We will be slaves and own nothing.

Increasing 1/4ly profits is the goal. No long term thinking is business

It’s starts with recession and leads to a depression. This is usually how republicans govern the economy. They love high unemployment and low taxes for the rich. They also love seeing a lot of minorities homeless during recessions.

Revolution is what will happen, the wanted posters for the CEOs will not be lying.

Depressionism

There's more to it than that. We don't have to consume more than we can afford - we will always consume. We need food and shelter and so forth. We've been lead to believe we need more. At the most base level, the Earth can't sustain constant growth. We have to change our outlook - spending only what we need to spend and no more. Prices would come down as demand slackens. It's up to us to control the economy. It's up to us to not spend.

Answer - It collapses into neo-feudalism with the billionaires as the royalty, the millionaires as the nobility and the rest of us as peons working for food and shelter.

That Squirrel was an agent of the State

I think some people will be okay, but not without a lot of casualties on the bottom. I almost never pay for anything anymore that isn't food, a utility bill, or vehicle/house repairs. I just don't have the money for even the basics. I bought a game for $2.39 on Steam the other day and that was pretty much my treat for the year. I left my career in IT to work in food service because it pays the same.

An economic death spiral I’d imagine. Once it tips over into that position, what has been will never return. Very substantial economic and social turmoil and upheaval seems likely.

Live in any impoverished country and its clear it also sucks for the elites. You get bored pretty quick living in walled compound surrounded by starving people.

For sure!!!!!!

The name of the game is to make everyone poor and make it illegal to he poor.

Marketing is a f*cking scam. We do not need as much as we think.

Your honesty and integrity are priceless, bravo!

I absolutely agree with your sentiments, and I am also outraged by how immoral and shortsightedly our economy operates. However....it's not surprising that the people who are "in charge" of the economy are behaving this way. People don't generally think about whether their actions are immoral, if they aren't directly causing harm that they can see. Exerting yourself in thought and imagination about whether you are making the world worse is not something that's widely practiced or valued, and when you bring it up in casual conversation people think you're an asshole. The richest people in the world, who have the most control over The Market, think that being rich means that they are good, inherently, and whatever actions that make their businesses succeed are good, inherently. Long term thinking doesn't occur, because they're doing great right now! They are doing what mass-culture has told them is successful/good! Why worry, when so much deference is given to you by being rich beyond all dreams of avarice? There's layers of people who protect them from someone who would spit on them for the effect they have the world, and those bodyguards, PR people and sychophants do a great job! Everything seems great! Someone on Twitter, @Merman_Melville, described the mindset of the ultrarich as- "Being a billionaire must be insane. You can buy new teeth, new skin. All your chairs cost 20,000 dollars and weigh 2,000 pounds. Your life is just a series of your own preferences. In terms of cognitive impairment it's probably like being kicked in the head by a horse every day."

We need to know this why? 🤣

Humans didnt abandon silver mining in Silverton, CO until they broke the state economy, caused over 100 mining deaths, and the silver veins stopped running. Then they left. THEN. They stopped and moved on.

Vote with your dollar. I’ve lived on 80 bucks a week + auto insurance/ gas for the last 2 years. If the fed wasn’t taking in the capital they would be forced to take inflation seriously. They need to privatize social security, and offer American citizens additional yield on treasuries to the tune of the median cpi for the year

what you pay for a car here you can live in another country for awhile :)

It is based on things you notice but your brain has not yet processed. Like the assault victim who thinks back to why she got in the elevator with a strange man in it when it was going to the fourth floor and the only neighbors on that floor were on vacation.

I quit working for liars, thieves, and morons a long time ago. I am much happier now.

taxes here went up 30 to 40 percent on every house in the county and city taxes went up...

Imagine a world where a small group of psychopaths have all the robots and AI needed to create things and even have robots to fix the damaged robots/AI. Imagine now that they could produce anything or almost anything they need without having the human labor...Consumerism exists because the corporations needed workers to create things...If they could create anything on their own, they would just get rid of consumers in different manners (wars, plagues, etc.). That's presently still sci-fi, but it could because reality...

The only people I know that cant afford eggs are republicans. They cant seem to get good jobs. Perhaps its the education or lack thereof that is impeding their ability to find good work.

even with a high fico score credit card companies still charging 29% int on balance people will never be able to pay off crazy rates

Of course they see it. It's never been about sustainability. The game is Hungry Hungry Hippo and the only thing the 1% care about is accruing as much wealth as possible. The top doesn't care about us at all.

All these big companies moved their manufacturing to different countries like China, Vietnam and Indonesia for cheap labor. So the only ones making the real money are the corporate elites and administrations. I bought some Tennis shoes last week from Tennis Warehouse for 140 dollars made in Indonesia last pair i got was made in Vietnam and before that was China. All our Rackets like Prince, Head and Wison used to be made here not anymore. Dame with European countries. Its not just Tennis its everything sourced out literally everything we have. The result is lowsy jobs here just giving you enough to survive for a little while. This eventually results in a world war to reset the population. Germany didn't produce Hitler the world situation and economics put him in power and guess what its happening again.

When I need to buy something it’s coming off of eBay. Better quality, better price, better morals.

When people are to broke to consume, I assume, the pitchforks appear.The very wealthy should be afraid, very afraid.

Before watching this video, I'm going to give my answer to the question posed: What Happens to Consumerism When We're All Too Broke to Consume? So long as you're breathing and thinking; you'll never be too broke to consume. Ultimately though, it's not about consumption in the form of money for goods; it's consumption in the form of will for power. Consumerism is just one tool for a handful of powerful individuals and corporations to amass more power. 'Power' doesn't require that we consume cheap pieces of plastic; it requires us to be reliant on someone or something else to survive. Consumerism, as it is now, exists by making us feel like our wants are actually needs. In my opinion, the next step for the powerful to maintain their status is to make us unable to live without being completely reliant on them. In my eyes, this is why we're witnessing the mass accumulation of land and raw materials; this is why we're witnessing corporations buy the majority of fresh water sources on Earth and pollute the ones they don't own; this is why social media is becoming increasingly good at holding our attention. It's not to just raise land prices or sell us water; it's to control the most basic resources that we require just to live. "The cost of living" is an extremely disturbing and morbid term that is casually tossed around every day to intentionally desensitize us to the cruel reality that living for the sake of enjoyment of life is something that is not allowed in a system where a few control the many. Since I'm writing this on Boxing Day, the day of celebratory consumption in the western world; please take a moment to understand the following: *Your mind is the only thing you will ever truly own in this universe.* Our minds hold the keys to understanding, to learning, to empathizing, and ultimately to changing the world for the betterment of all people. If those at the reins of power can capture it, capture your attention span, capture your empathy and turn it into the want for selfish consumption for a little bit longer to maintain the status quo; they will.

Being saying this for years using monopoly as an example.

I’m trying to figure out what the wealthy will profit from when there is nothing left to consume. But I guess, and I hate to say this because it feels like a conspiracy theory, they’ll sell safety and food for labor? Like in smaller scales where every uber rich person basically has their of fiefdom? Like that feels like the only logical conclusion. Because if we can’t buy snickers or iPhones or whatever from them, and it kind of just collapses, and they can’t sell anything to us anymore, what is the point? It’ll hurt them too. Unless they find a different way to be ontop.

You force the laws to change to have people work for free and enforce with power.

Why should employees be grateful? They are providing employers a service that allows companies to prosper.

I'm here because of your awesome title! LOL! and Well done! Exactly.

Lots of Luigi is what will happen.

Lol

I was sleeping in my car for 9 Months wasn’t easy sleeping in my car on parking hotels,Walmart’s.Hospitals not easy but I made it 😊

humanity is sucidal by nature

Thank you! I have been thinking about this for years. Years. Is this why the ultra rich are building bunkers? Has anyone read about the French Revolution?

we become slaves to the oligarch. fucking duh

The goal here is to reimplement slavery. Capitalism wants slavery so the rich don't have to pay. They had it for 400 years, they want it back.

Hamsters on a stationary wheel.

I like how great depression and economic crisis never blames capitalism. These cycle of crashes is a feature of capitalism when it contradictions peak. And the government always have to step in the regulate it.

When will people understand that competition will eventually have a winners.

Timothy, Thank you for being here with such a healthy attitude motivating myself and everyone!!! You are always 'The Present' to all of your viewers... Smiles...

Quarterly profits and infinite growth are the ultimate priority. A company's forward-thinking is limited to 3 months.

I kike and agree 100% with your message...