Consumer Capitalism System
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A Consumer Capitalism System is a capitalism system that prioritizes consumer spending over capital accumulation.
- AKA: Consumption Capitalism, Demand-Driven Capitalism, Consumer-Based Economy.
- Context:
- It can typically rely on debt financing for consumption maintenance.
- It can typically require continuous growth through demand stimulation.
- It can often generate trade deficits via import dependency.
- It can often create asset bubbles through credit expansion.
- It can range from being a Sustainable Consumer Capitalism System to being a Unsustainable Consumer Capitalism System, depending on its debt-to-income ratio.
- It can range from being a Regulated Consumer Capitalism System to being a Unregulated Consumer Capitalism System, depending on its credit control.
- It can range from being a Domestic Consumer Capitalism System to being a Global Consumer Capitalism System, depending on its market scope.
- It can range from being a Inclusive Consumer Capitalism System to being a Exclusive Consumer Capitalism System, depending on its participation breadth.
- ...
- Examples:
- National Consumer Capitalism Systems, such as:
- Sectoral Consumer Capitalism Systems, such as:
- ...
- Counter-Examples:
- Production Capitalism System, which emphasizes manufacturing capacity.
- Finance Capitalism System, which prioritizes financial asset accumulation.
- State Capitalism System, which focuses on government investment.
- See: Capitalism System, Economic System, Low Tax Socialism, Middle Class Society, Technological Stagnation Theory, Economic Elite, Debt System.