Un-Merry Christmas: The Perverse Incentives to Over-Consume and Over-Spend

Un-Merry Christmas: The Perverse Incentives to Over-Consume and Over-Spend

Editor's Note: Merry Christmas from Team RogueMoney! The following is reproduced at RogueMoney with the author's permission and link to the original post at Of Two Minds.com. Click on the extended post to listen to CHS latest interview on RMR. -- JWS

Isn't it obvious that if we set out to design the most perverse, toxic and doomed system possible, we'd end up with the Keynesian Cargo Cult's insane permanent growth/Landfill Economy?

Few topics are off-limits nowadays: the personal and private are now splashed everywhere for all to see.

One topic is still taboo: the holiday's perverse incentives to over-consume and over-spend,lest our economy implode. This topic is taboo because it strikes at the very heart of our socio-economic system, which is fundamentally based on permanent growth, the faster the better, as if unlimited expansion on a finite planet is not just possible, but desirable.

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