• Tao of Fremont@lemmy.world
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    1 day ago

    yep. also people wont do any work if they dont have to because all their needs are met. this is why all rich people are retired.

    • UnderpantsWeevil@lemmy.world
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      1 day ago

      this is why all rich people are retired.

      Well…

      Veblen discusses how the pursuit and the possession of wealth affects human behavior, that the contemporary lords of the manor, the businessmen who own the means of production, have employed themselves in the economically unproductive practices of conspicuous consumption and conspicuous leisure, which are useless activities that contribute neither to the economy nor to the material production of the useful goods and services required for the functioning of society.

      Functionally retired.

      You see it all the time among Tech plutocracy, with Bezos’s Venice Wedding and Zuck’s endless home construction.