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A comment on Bertrand Russell's argument for idleness is more relevant than ever. Parent comment

Re:Bertrand Russell's argument for idleness is more relevant... by goldenkey on Wednesday August 12, 2020 @06:50PM (#24138004)
Consumption usually costs money and increases money velocity, which leads to a better economy. So it's a bit different than "idleness."
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Re:Bertrand Russell's argument for idleness is more relevant... by brokenmachine on Thursday August 13, 2020 @01:23AM (#24140181)
A better economy... Please define "better".
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Re:Bertrand Russell's argument for idleness is more relevant... by goldenkey on Thursday August 13, 2020 @03:01PM (#24146951)
Money is worse when its velocity is low. This is associated with hoarding of cash.

The world could have 10000T in cash but if no exchange happens, everyone is poor.

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Re:Bertrand Russell's argument for idleness is more relevant... by brokenmachine on Friday August 14, 2020 @02:31AM (#24154435)
Endless consumption is a delusion, regardless of how much "better" the economy appears.

Idleness doesn't necessitate consumption, and it's interesting that that conclusion was jumped to.

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