U.S. enterprise was never about responding to the buyer’s desires or needs. All along, it has been focused on sellers and propagandists, the purveyors of mostly junk.
The market is not driven by demand. Can’t be for the simple reason that it is not possible to demand something that was not first produced and introduced.
So, how to account for this deception? Is it wishful thinking or the result of an economist’s subconscious impulse to generate a theory that does not expose his own dependence. Or, we could decide that this is just another example of projection and the confusion of cause and effect.
Why is so much of our public discourse determined by people who juat talk a lot? Why is it that people who do, do not bother to talk?