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Posted: 2025-04-13 09:19:01 UTC
This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.
This article contains some claims that are falsified. While not everything in the article is false, please proceed with extreme caution and verify any critical information independently.
Status
Last Updated
2025-04-13 09:28:41 UTC
Verified By
Rollup News
This post discusses the historical lack of domestic demand in China, arguing that throughout history, the primary consumers were the emperor's concubines and high-ranking officials. It critiques the idea that basic necessities for laborers should be considered consumption, stating they are merely investments for 'reproduction'.
Historical lack of domestic demand in China
Consumption patterns of the elite vs. the working class
Critique of considering basic necessities as consumption
Overcoming the historical lack of focus on domestic demand
Shifting consumption patterns to include the working class
Redefining what constitutes 'consumption' in economic terms