ddnb
Joined 11 years ago
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Joined 11 years ago
This is a reasoning that starts with the idea there is some sort of global conspiracy of the global elite making agreements on what to do. I strongly believe there isn't, at least not on the level you are describing. There is however the underlying capitalist system that demands profit optimization.
If there would be some sort of new product or company that would make all other aspects of the economy obsolete but it would bring massive profits for the stakeholders it would absolutely be launched.
Companies don't make predictions on what might happen to the economy if they launch x, y or z.
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Basically merchants realized there was a huge workforce outside the cities, families where wives and children had time left. So they purchased and place the worktools and resources with the individual families to later buy back the products they made and resell it in the markets. This was called the putting-out system if you want to look into it more.