Mokokoma Mokhonoana: Econ Pillar

Posted by admin on Thursday, August 19, 2021

Mokokoma Mokhonoana Money Quote saying we care so much what people think of us that we’ll spend heavily and support the economy. Mokokoma Mokhonoana said:
 
Our caring about what others think about us is one of the pillars of the economy Quote
 

“Our caring about what others think about us is one of the pillars of the economy” — Mokokoma Mokhonoana

 

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This quote suggests that people’s desire to seek approval and validation from others through acquiring and displaying material possessions is a major driving force behind consumerism and economic activity.

Mokokoma Mokhonoana seems to be pointing out that if people did not care what others thought of their lifestyle, status, wealth, etc., and instead focused solely on their own priorities and needs, it would significantly undermine industries and sectors that rely on conspicuous consumption and keeping up appearances.

According to this perspective, catering to social and peer pressures to have nice things and seek social status is one of the fundamental pillars supporting the overall economy.

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