Consumers Are The Growth Engine
A consumption economy is an economic system driven primarily by consumer spending on goods and services. It is characterized by high levels of purchasing activity, where economic growth depends on people continuously buying products, rather than on production, investment, or saving.
While a consumption-driven economy can stimulate job creation and business growth, it also has drawbacks, such as increased consumer debt, resource depletion, and environmental concerns due to overproduction and waste.
Key Takeaways
Diversity Drives Growth
Why Diverse Ideas and Experiences Lead to Greater Profits In today’s competitive business landscape, companies that embrace diversity, equity, and inclusion (DEI) are not just fostering a more inclusive work environment—they are also driving innovation, improving decision-making, and boosting profits. Axios has a real-time list of companies embracing DEI and
Change Is Coming
How We Got Here The dawn of the internet ushered in an era of unprecedented convenience, rewarding companies that could provide instant gratification with minimal effort. Tech giants like Netflix, Amazon, Google, and Apple mastered the art of seamless user experiences, leveraging technology to eliminate friction and make consumption effortless.
Corporate MAGA Boycott
Boycotting Meta, Amazon, Google, and Apple effectively would require targeting their highest-margin and fastest-growing revenue streams rather than just avoiding their products casually. Here’s how consumers could maximize the financial impact: 1. Meta (Facebook, Instagram, WhatsApp) Most Effective Actions: Biggest Impact: Meta makes nearly 97% of its revenue from ads,