25. Consumerism & Capitalism: Understanding the Money Cycle

AJ Osborne Podcast

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1+ y ago 41:02

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Capitalism is a function of money - the economy. It’s all about serving other people. What you can trade, what you can offer or sell, what problem you can solve for a certain price.

As a society, we put a lot of focus on the consumer side - or “consumerism” - of capitalism. The never ending cycle of making money and spending money. And it impacts us direct in one way or another, whether you are buying goods with your paycheck, or trying to start your own business selling/offering something on the market.

But you can’t just sell 1 pen and make a ton of money. Certain business are structured in certain ways because they have to in order to scale and make any money.

So what do we need to understand to actually be benefited by capitalism and not be crushed by it? In this episode, we talk about the dichotomy of capitalism and consumerism, as well as how capitalism enables different levels of businesses.

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