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The companies aren't hiring, because consumers don't have enough money to buy the goods and services.
Oct 1, 2025
Rich countries want unfettered access to poor countries' markets, which are often heavily protected by tariffs, but they don't want to give up all the protections for their own goods and services.
We have embarked globally on a path of unsustainable development. Our lifestyles, the way we produce goods and services, are all part of a system that is completely unsustainable. I see solutions to climate change leading to a much larger philosophical shift in the way human society develops. We need a new matrix to define what human progress is.
Money can be exchanged for goods and services!
Innovating economies expand and develop. Economies that do not add new kinds of goods and services, but continue only to repeat old work, do not expand much nor do they, by definition, develop.
As we conduct our negotiations it must be a priority to allow British companies to trade with the single market in goods and services but also, to regain more control of the numbers of people who are coming here from Europe.
If indeed we can create systems that allow individuals to access goods and services like health and housing and energy and water, in a way that they can afford, they'll all have greater choice, greater opportunity, greater dignity.
We remain the most prosperous, powerful nation on Earth. Our workers are no less productive than when this crisis began. Our minds are no less inventive, our goods and services no less needed than they were last week or last month or last year
People do not buy goods and services. They buy relations, stories and magic.
A gold standard doesn't imply stability in the prices of the goods and services that people buy every day, it implies a stability in the price of gold itself.
A global economy is characterized not only by the free movement of goods and services but, more important, by the free movement of ideas and of capital.
We`re putting ourselves - we`re basically double taxing made in America products. And so what we`re saying is let`s equalize this so that we`re on a level playing field, so that American-made goods and services are on a level playing field with the rest of the world.
Globalization, meaning the global expansion of a market economy, is the only way we can guarantee widespread prosperity and peace. A lot of nations are just so small, that unless they can sell their goods and services on the market they're never going to develop, they don't have an internal market that's big enough to sustain anything.
Churches are tax exempt because they are supposed to provide a public good. To prove that good to the IRS, churches arent supposed to hoard their money. They are supposed to spend it on goods and services for the faithful. Under this pretense, the church has made massive investments in tax free real estate all over the world. And when it comes to labor costs, they are almost free.
We are entering a new phase in human history - one in which fewer and fewer workers will be needed to produce the goods and services for the global population.
People have to pay so much money to the banks that they don't have enough money to buy the goods and services they produce. So there's not much new investment, there's not new employment (except minimum-wage "service" jobs), markets are shrinking, and people are defaulting. So many companies can't pay their banks.
Business exists to supply goods and services to customers and economic surplus to society, rather than to supply jobs to workers and managers or even dividends to shareholders.
What do the 5%, or the 1% actually use their money for? They lend it back to the economy at large, they load it down with debt. They make their money by lending to the bottom 95%, or the bottom 99%. When you give them more after-tax income, it enables them to buy even more control of government, even more control of election campaigns. They're not going to spend this money back into the goods-and-services economy.
I have heard so many stories of contractors, and I've met some, too, who worked for Donald Trump, produced the goods and services and never got paid for what they were owed.
More and more money is being extracted from of the production and consumption economy to pay the FIRE sector. That's what causes debt deflation and shrinks markets. If you pay the banks, you have less to spend on goods and services.
It certainly is dangerous that there are only a few clubs left in Europe that can afford to pay millions. At the end of the day however, the spectators decide the rates of pay - by watching the games and consuming the goods and services advertised on sports TV programmes.
The fundamental fact in the lives of the poor in most parts of America is that the wages of common labor are far below the benefits of AFDC, Medicaid, food stamps, public housing, public defenders, leisure time and all the other goods and services of the welfare state.
It [the free market] is an organizational way of doing things, featuring openness, which enables millions of people to cooperate and compete without demanding a preliminary clearance of pedigree, nationality, color, race, religion, or wealth. It demands only that each person abide by voluntary principles, that is, by fair play. The free market means willing exchange; it is impersonal justice in the economic sphere and excludes coercion, plunder, theft, protectionism, and other anti-free market ways by which goods and services change hands.
The forces that are in play on climate change essentially revolve around the generation of power, the transportation of goods and services and people, and the sorts of materials that we use to fuel the whole of our civilisation.
Ineptocracy (in-ep-toc'-ra-cy): A system of government where the least capable to lead are elected by the least capable of producing, and where the members of society least likely to sustain themselves are rewarded with goods and services paid for by the confiscated wealth of a diminishing number of producers.
When a small business grows like eBay did, it has a multiplier effect. It creates other small businesses that supply it with intellectual capital, goods and services.
One of the reasons churches in North America have trouble guiding people about money is that the church's economy is built on consumerism. If churches see themselves as suppliers of religious goods and services and their congregants as consumers, then offerings are 'payment.'
This kind of inequality - a level that we haven’t seen since the Great Depression - hurts us all. When middle-class families can no longer afford to buy the goods and services that businesses are selling...it drags down the entire economy from top to bottom. America was built on the idea of broad-based prosperity... That’s why a CEO like Henry Ford made it his mission to pay his workers enough so that they could buy the cars he made. It’s also why a recent study showed that countries with less inequality tend to have stronger and steadier economic growth over the long run.
...nuclear warfare is not necessary to cause a breakdown of our society. You take a large city like Los Angeles, New York, Chicago-their water supply comes from hundreds of miles away and any interruption of that, or food, or power for any period of time, you're going to have riots in the streets. Our society is so fragile, so dependent on the interworking of things to provide us with goods and services, that you don't need nuclear warfare to fragment us anymore than the Romans needed it to cause their eventual downfall.
Listing rights generally involves enumerating things you may do without interference (the right to free speech) or may not be done to you without your permission (illegal search and seizure, loud boy-band music in public places). They are protections, not gifts of material goods. Material goods and services must be taken from others, or provided by their labor, so if you believe you have an absolute right to them, and others don't choose to provide it to you, you then have a 'right' to steal from them. But what about their far more fundamental right not to be robbed?
We have learned to turn out lots of goods and services, but we haven't learned as well how to have everybody share in the bounty. The obligation of a society as prosperous as ours is to figure out how nobody gets left too far behind.
I am a regular if not exactly enthusiastic patron of my local bookshop. I try to buy at least some books there because I cling to the belief that it's important to maintain those businesses which put a human face on the exchange of money for goods and services.
The ocean is not just blank blue space but rather the habitat for amazing wildlife, and we have to take care how we use it. If we want to keep having the goods and services it provides, we have to treat it more carefully in terms of fishing and dumping.
As we move toward the pluralist commonwealth, economic interventions that stabilize communities - for instance by localizing the flows of goods and services or by promoting worker ownership - not only have immediate practical benefits but provide the necessary preconditions for the growth and development of a renewed culture of sustainable democracy that can serve as the basis for still further transformations at larger scales.
A half century from now, our grandchildren are likely to look back at the era of mass employment in the market with the same sense of utter disbelief as we look upon slavery and serfdom in former times. The very idea that a human being's worth was measured almost exclusively by his or her productive output of goods and services and material wealth will seem primitive, even barbaric, and be regarded as a terrible loss of human value to our progeny living in a highly automated world where much of life is lived on the Collaborative Commons.
Money does not pay for anything, never has, never will. It is an economic axiom as old as the hills that goods and services can be paid for only with goods and services.
Most people think of the economy as producing goods and services and paying labor to buy what it produces. But a growing part of the economy in every country has been the Finance, Insurance and Real Estate (FIRE) sector, which comprises the rent and interest paid to the economy's balance sheet of assets by debtors and rent payers.
Somebody's buying these treasury bills at 1/20th of one percent. I mean we consuming about $2 billion a day of goods and services beyond what we're producing.As long as we consume more than we produce, and we trade away little pieces of the country daily, they're going to own something. Now, they can't run from American assets. I mean every day the rest of the world is going to have about two billion more of American assets than we have, as long as they sell us these goods.
Capital movements are no longer necessarily related to the production of goods and services. Through the financial markets of the world, capital movements today are overwhelmingly concerned with the capture of and trade in property rights, the ownership of assets that magnify a corporation's wealth, power, and control. It is what John Maynard Keynes described as "a casino world"-wealth without worth.
A currency serves three functions: providing a means of payment, a unit of account and a store of value. Gold may be a store of value for wealth, but it is not a means of payment. You cannot pay for your groceries with it. Nor is it a unit of account. Prices of goods and services, and of financial assets, are not denominated in gold terms.
Why do some people act as if making money offended their delicate minds? I am out for a legitimate profit, and not ashamed of it; the fact that people will pay money for my goods and services shows that my work is useful.
How are we going to make our livings in a society becoming increasingly jobless because of hi-tech and outsourcing? Where will we get the imagination to recognize that for most of human history the concept of Jobs didn't even exist? Work, as distinguished from Labor, was done to produce needed goods and services, develop skills and artistry, and nurture cooperation.
One of the really fascinating areas is marketplaces that take advantage of mobile devices. Ridesharing is the obvious example, but that's just the start of it, of selling goods and services with lightweight mobile apps.
A healthier, less impoverished planet is good for all of us. From an economic standpoint, it allows people to contribute more to the marketplace and lead productive lives. U.S. foreign assistance opens new markets to U.S. goods and services and creates new trading partners and allies.
That appropriation of resources and the transformation of them into goods and services through the European production system characterized, and characterizes to this day, all industrial systems including the information age.
The essence and the glory of the free market is that individual firms and businesses, competing on the market, provide an ever-changing orchestration of efficient and progressive goods and services: continually improving products and markets, advancing technology, cutting costs, and meeting changing consumer demands as swiftly and as efficiently as possible.
We live in a world where our social system is old, our language is old, the way we acquire goods and services is outdated, our cities are detrimental to our health, chaotic and a tremendous waste of resource, and most of all our politics and values no longer serve us.
Today, people are having to spend so much of their money, to acquire a house and to get an education that they don't have enough to spend on goods and services, except by running into yet more debt on their credit cards and other borrowings.
Conservatives insist that government should be "run more like a business." One might wonder how that could be possible, since government does not market goods and services for the purpose of capital accumulation.
When banks place credits into your account, they are merely pretending to lend you money. In reality, they have nothing to lend. Even the money that non-indebted depositors have placed with them was originally created out of nothing in response to someone else's loan. So what entitles the banks to collect rent on nothing? It is immaterial that men everywhere are forced by law to accept these nothing certificates in exchange for real goods and services. We are talking here not about what is legal, but what is moral.