Earlier quoted context omitted.
Well, for one, that would vastly reduce economic growth. But aside from that, there’s not many things that fit X in the scheme of things you purchase frequently. Packaging / containers of consumed items is a big one. Fashion might be but probably not. The example I hear a lot for some reason is power tools. Yeah it would be great to share power tools because you only need them once or twice... but you only buy them o…
Genuine question from an ignorance of macroeconomics: Wouldn't the money going to clothing just go to something else? It's not like the workers or company owners would sit on their hands when fashion stops being profitable.
The people... well this hypothetical is extreme so it’s hard to say. But populations of workers have been abandoned in the past before and it varies. It’s fully believable that they would just not have anything to do and would... idk... protest.