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Comment by nickthemagicman

This is called the myth of overconsumption.

It creates a simple fairy tale that financial success or failure rests solely on the individual.

It allows people to ignore wage stagnation, inflation, rising costs of critical goods and services, rising inequality, and fundament structural inequities with society.

Here's a more in-depth academic paper that provides data beyond unsourced colloquialisms if you're interested.

https://openscholarship.wustl.edu/law_lawreview/vol82/iss4/8...

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