bilby
Fair dinkum thinkum
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No. I am talking about value, so obviously their objective is an increase in inflation adjusted dollar value.Broad-brush much? We have the same wide range of wants and opinions as anybody else. Sure I want sales to increase, but I also want there still to be polar bears, and the one want doesn't magically overpower the other.Economies don't demand; people demand. It's perfectly rational for us all to want perpetual improvement in standard of living; the way to get it is to perpetually work smarter, not perpetually apply more people to the task.given an economy that appears to demand perpetual growth.
Technological progress is good. But PG shareholders mainly want shampoo sales to increase, whether it's technically better shampoo or not. Thus capital owners want population growth whether that growth is good for humanity or not.
So you're saying we like inflation?Yup. P&G (like most companies) don't measure sales in litres, gallons, kilograms or pounds, they measure sales in dollars.Off the top of my head, there are at least three ways shampoo sales can go up: more heads needing shampoo, more shampoo being used per head, and people being willing to pay a higher price per unit of shampoo.
Only one of them entails more people, and only two an increased output in terms of raw amount of shampoo being produced.
The shareholders would be ecstatic if the dollar value of shampoo sold went up, while the number of litres sold went down.
Ceteris paribus is implied by most arguments; pretending that it isn't is rarely a good counterargument.
If I said I was hoping for a few more dollars in my paypacket, would you think I was hoping for high inflation?
The trope of the demon or genie that grants wishes but that makes every possible effort to subvert the intent of the person making the wish, is moderately amusing, but the demon isn't the hero of those tales.