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Capitalism Doesn't Cause Consumerism — Governments Do

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Tags InterventionismPolitical Theory

02/14/2019Ryan McMaken

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.

Original Article: "Capitalism Doesn't Cause Consumerism — Governments Do".

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Ryan McMaken is a senior editor at the Mises Institute. Send him your article submissions for the Mises Wire and Power and Market, but read article guidelinesfirst.

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