Controlling Consumption as an act of Revolution
For the majority of the 20th century, the US economy was based around consumption. Somewhere in the late 1960s to early 1970s, that percentage began to decline. It is not a phenomenon unique to the US, it is part of an overall global decline in % GDP contribution globally. A decline in GDP % does not mean we are manufacturing or producing less, it just means that the profits from Manufacturing…
