Beware: Capital No Longer Needs Consumers
Why I think that we are being transitioned from a consumer economy to a creator economy
In Hegel’s Master/Slave dialectic, the dialectic is resolved when the Master realizes his dependence on the Slave, who produces the goods that maintain the Master’s life —mutual recognition becomes necessary. But what if the Master no longer thinks he needs the Slave, what is the likely fate of those enslaved by the Master’s needs and desire for infinite growth? Exactly.
I wish I was a political economist because that is what it would take to really make this point stick. Any political economists out there who want to collab? That said, here is a speculative argument on why the transition from a consumer economy to a creator economy:
In a consumer capitalist economy, those at the top of the pyramid need for the many to buy and consume their products, in order for them to make money on both ends - on the theft of value that wage labor represents, and on the selling you of products that you consume, so as to recover most all of the wages they pay out for your labor. This treadmill is abou…
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