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The Peaceful Solution-Plan B's avatar

From No mercy/No malice

By Professor Galloway

Strike | No Mercy / No Malice

We frame economic power as a contest between capital and labor, but the real star of the American economy is consumer spending, which accounts for 68% of GDP. The Great Recession saw a 3.4% drop in consumer spending — at the time, the most severe year-over-year decline since World War II. The U.S. economy registered a 9.8% drop in consumer spending during the second quarter of 2020, when Covid shut down the world as we knew it. In both instances the U.S. government responded aggressively, spending hundreds of billions, primarily on bailouts, to pull us out of the Great Recession, and trillions, primarily in direct aid, to get us through the pandemic. The lesson? When consumers stop spending, American leaders start listening. As Geo Hussar explained to his YouTube followers at the end of September, “this is not seizing the means of production, but seizing the means of consumption,” adding that if every American dropped their consumption, on average, by 2%, “that would be the most loud and potent form of protest.”

The Noblebright Project's avatar

It's been exhausting trying to find real people who actually believe that better is possible and are willing to work towards it. I've seen this all coming for years now and it's maddening that our supposed leaders let it happen. I still believe we have to take back control from the money interests, and that we really need to a new constitution and to rebuild the federal government. It's most of what I've written about on here.

Few people seem willing to dream of a radically different, better world. Everyone's so disillusioned it feels like, and those who aren't are divided by race, gender, class, religion, or something else that prevents us from working together the way we have to.

I'm struggling a lot with depression right now anyways, and it's getting harder every day to feel like making a change is possible.

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