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Has anyone else seriously thought about how stupid a concept the economy is?

We have to buy and discard buy and discard buy and discard perpetually.
If we don't do that all of human society implodes.
It's pretty much that simple.
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Really · 80-89, M
@jackleash
No one is saying making a profit is wrong
Not so sure; what's wrong with just making a decent living? A lot of of humanity can't even achieve that much. What justification is there for others to demand profit on top of it - I mean over & above whatever may be needed to keep an enterprise or business viable?
DavidT8899 · 22-25, M
@Really You know what I think might be a good idea?Abolish income tax and the I.R.S and adopt a "Fair tax"-a 21%tax on every good and service in the country from a candy bar to a million-dollar mansion.Youd not only have more money coming into the Treasury but the wealthy really would be paying more since they're the ones buying the homes,cars,gadgets etc.
Really · 80-89, M
@DavidT8899 I'd be strongly in favor of a fairer and dramatically simplified tax system in my country, and a decimation of the bureaucracy that administers it; but it would need a great deal of intelligent, thoughtful analysis to 'get it right'. Among the simplifications I'd want is to stop using the tax system to influence social behaviour.
@DavidT8899 We have VAT in Britain. And it is a total rip off. Already over expensive goods and services are made even more expensive with this additional tax. I believe it was introduced by the tory party in the early 1970s (going off research ) and that was the start of inflation problems in this country.
@Really I am a joint partner in a cleaning business (40-60) with another woman. We use resources most local to us and we make a profit. We take some of the profit to get by but when we can, we recycle the profit into the local community and we have taken on a couple of extra people lately because we have grown. What I am against are people who are already mega rich who insist in making more money for themselves just because "they can", It's a psychopathic mentality which does nothing but harm all round