Capitalism Doesn't Cause Consumerism — Governments Do
Channel: misesmedia
Date: 2019-02-14

It's government — not markets — that intervene to "stimulate" ever greater amounts of spending and consumption. A healthy market economy, meanwhile, relies on both saving and spending.

Ryan McMaken (Mises.org/McMaken) is the editor of Mises Wire and The Austrian.

Original Article: https://mises.org/wire/capitalism-doesnt-cause-consumerism-%E2%80%94-governments-do