Consumer Capitalism System

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:
    • American Consumer Capitalism (1980s-present) for Reagan-era transformation.
    • British Consumer Capitalism (1980s-present) for Thatcher-era shift.
    • Chinese Consumer Capitalism (2000s-present) for export-to-consumption transition.
  • Sectoral Consumer Capitalism Systems, such as:
    • Retail Consumer Capitalism for shopping mall economy.
    • Digital Consumer Capitalism for e-commerce dominance.
    • Credit Card Consumer Capitalism for payment system dependency.
  • ...
• 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.

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