Nicholas Well, the whole thing is built on convincing people to buy the least useful or durable form of whatever good so that they're likely to buy the same exact thing again as soon as possible.  (It will also be a terrible product that needs replacement... shh)We built the model on this approach and internal consumption now represents 70% of the US GDP, China is actively trying to reach that same level:  Increasing internal consumption as the foundation for an economy is what economic development means.  It doesn't mean maximizing exports or individuals' quality of life, those are incidental or necessary to continue driving the production/waste/production cycle which creates the jobs that create the money that buys the stuff and pays for retirement funds.  Hamster wheel stuff, really.

Nicholas Well, the whole thing is built on convincing people to buy the least useful or durable form of whatever good so that they're likely to buy the same exact thing again as soon as possible.  (It will also be a terrible product that needs replacement... shh)We built the model on this approach and internal consumption now represents 70% of the US GDP, China is actively trying to reach that same level:  Increasing internal consumption as the foundation for an economy is what economic development means.  It doesn't mean maximizing exports or individuals' quality of life, those are incidental or necessary to continue driving the production/waste/production cycle which creates the jobs that create the money that buys the stuff and pays for retirement funds.  Hamster wheel stuff, really.

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