CCI Demonstrates Wasteful Spirit Of American Corporate Culture
By Staff Editor | Jan. 22, 2001Buy now! Don't delay!" yells the television. "I'll do it!" I yell in response, grabbing my coat and rushing out the door. This hypothetical situation illustrates how an economy of scarcity works. You are encouraged to think that there is a limited amount of the product being sold, and therefore you must compete with others to obtain it, thereby depriving someone else from having the product. Anyone who has taken a lower-level economics course could tell you that. What is not so obvious is how you are manipulated to believe you need that certain product.
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