Does the world really need a new iPhone every year?

Maschine_Man

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Ever heard the term "supply side economics"? product life cycles have become shorter and shorter in order to boost consumption. if people stop consuming like crazy, our economic system will collapse because there isn't enough growth.
the system wouldn't collapse, the system would adapt.
 

karim

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the system wouldn't collapse, the system would adapt.
no, it wouldn't. the whole reason we switched to supply side economics and the era of dept fueled hyper consumption is that by the 1970's capitalism wasn't able to produce more growth by other means :yeshrug:
 

Roid Jones

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MONEY and people DON't have to buy it or be swayed by the marketing.
 
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