• SuperNovaStar@lemmy.blahaj.zone
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    13 days ago

    when the rich can just live on investment income

    How do you think they make that money? Primarily off of consumerism. If we all collectively decided to share what we have and stop buying what we don’t need, there could be no passive income, not at the scale it exists today, anyways.

    • PersnickityPenguin@lemm.ee
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      13 days ago

      Consumerism is used for wealth redistribution.

      Real wealth production occurs when machines create work, saving time. Work = money.

    • jjjalljs@ttrpg.network
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      13 days ago

      I guess? With enough money you can just buy bonds, which sort of depend on consumerism but indirectly. Some municipal bonds return like 5%. 5% of a shit load of money is enough to live on.