Re: Roach motel
Posted on August 25, 2008 at 22:38 PM EDT
[Skip to the end] (a casual email exchange) > > On 8/24/08, Russell wrote: > > I found this an interesting read. Roach argues that economies and the US > economy has generally been built on a consumption binge. > Right, consumption is the whole point of working. Some of the output is consumed, some ‘invested’ for future consumption to be greater than otherwise, but it’s all [...]