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Basic neoclassical econ 101:
- The demand curve is made of those willing and able to pay
- The supply curve is made of those willing and able to produce
That's why there's a market for overpriced Gucci bullshit apparel while people literally starve in the streets.
in order to justify its existence
Capitalists have no need to justify the existence of capitalism.
They don't need to but I feel like they try to with how much people think it's a meritocracy.
