This thread is for Econ4Every1Now we'll see if he's sincere.
It's really rather simple. Capitalism runs on sales. The greater the income disparity in an economy between those at the top (let's say 10% of income and wealth holders) and those in the rest of the economy, the lower the demand for goods and services.
Ok, great, I'm glad we had this conversation. I have to admit that your responses to my claims were unassailable. I'll spend weeks contemplating how I could have been so wrong.Warmest regards,The Marxist.
The first step is to debate principles of economics.
Again, I made my claim. No one has refuted it.Are you saying that capitalism doesn't run on sales? That it's possible to grow an economy without people transacting business?
So are yoy saying capitalisn runs exclusively on sales?Because so does every country with an economy, be thet socialist, communist, ,,,
I saw no reason to enable his delusions any further. He's gone.