Talk:General glut
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moved from Socialist economics
[edit]I moved this material out the Socialist economics article as too specialist. BobFromBrockley 14:19, 1 March 2007 (UTC)
Original research ?
[edit]Cut from after "Imperialism" (until source provided) : Rod57 (talk) 11:22, 15 February 2009 (UTC)
"It was never considered that since humans always want more, a "glutted" market would simply find unmet desires and satisfy them" [dubious – discuss].
This Is Vulgar "General Glut" Theorizing
[edit]"The problem is that, as labor becomes specialized, if people want a higher standard of living, they must produce more. However, producing more lowers prices and leads to the need to produce yet more in response."
What economist of any significance ever held this theory? Cite needed. GeneCallahan (talk) 18:28, 12 September 2012 (UTC)
External links modified
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This may have been at the heart of the dystopian novel 1984
[edit]Spoiler alert!: One of the big takeaways at the end of the novel was (drumroll please) that since all of the countries' means of production had long since outstripped the citizenry's ability to consume it all, the most effective way to use up the surplus (both output AND population) was to engage in unending war, where the products of output could be destroyed, and so, the nations of the earth colluded to engage in just enough constant war to keep the world economy rolling along. 98.201.8.131 (talk) 08:31, 2 May 2024 (UTC)