@georgeob1,
georgeob1 wrote:
livinglava wrote:
In short, everyone has to cut back their economic footprint in order to reduce their environmental footprint. And what's more, as everyone's spending goes down, prices come down and that makes everyone's savings hold its value more for longer.
If that's not the definition of peace and prosperity, I don't know what is.
Wrong on both counts. Austerity and prosperity are very different things, just as widespread popular opposition to government is different from peace. Government action to force (or tax) people into austerity yields only, sometimes violent, popular opposition (as President Macron of France has discovered.)
Very hard to describe the result as peace and prosperity.
I just described it. Let me give a more concrete example. When you're young, you like eating sweets and junk food. Maybe you eat a lot of them and it doesn't harm your health and you feel it's good because it makes you happy. Then, as you grow older and wiser, you eat less sweets because you see it's unnecessary and you don't enjoy them as much when you gorge yourself. So once you have reached that sweet spot where you eat just enough of the right chocolate or other treat-of-choice, you are happy and healthy and if you ate more than that, you would feel worse and stop enjoying it. I think economists call this 'diminishing marginal utility.'
Now, consider that so many people don't understand this principle works for almost everything in life. Why? Because they are not really focused on fine-tuning their lifestyle to reduce excesses and stress. They are just mindlessly buying stuff thinking that the next purchase will end their boredom and unhappiness, and it does for a little while before they fall back into the want part of the cycle again. This is like switching to caramel when you discover that eating more chocolate isn't making you feel better.
For people who haven't yet realized it, austerity actually makes you feel more satisfied and happy with what you have, because you wait longer to get it and thus appreciate it more once you do. This is timeless wisdom. It is the reason children who get whatever they want get more spoiled and ill-tempered and those that that don't end up happier and more well-adjusted.
Consumerism just doesn't like people not spoiling themselves and their children because businesses make more money the more you buy. If you know you feel happiest and healthiest when you save yourself for one small bar of chocolate on the weekend each week, you only buy that one bar. If, however, you eat more and more chocolate trying to recapture the great feeling of the first one; and then you eventually give up and switch to caramel and repeat the process, you buy a lot more candy, gain a lot more weight, lose a lot more health, and generally end up spending a lot more money correcting the problems you caused by ignoring the simple truth of traditional austerity.
So, yes, peace and prosperity come from austerity for all the reasons I mention here as well as those in the previous post you rejected, and there are still more reasons that I haven't even noted here.