Technology. It's constantly getting cheaper, right? So why, when I go to buy a new ipod, are they the same price as they were last year?
Of course, they're a bit better than last year's model. But I don't want this extra stuff. I'm happy with any old piece of crap I can put my music on and listen to it.
So, lets check the second hand market. Well, they're cheap. But now I have to put up with a scratched screen, dodgy play wheel and a few bogeys wiped on the back.
Things might be getting cheaper, but there is a constant, hidden debt on everything you buy.
Lastability.
Nothing is ever quite enough. The current boom in technology is gold for the producers, because there is always something newer, something cooler. So you're constantly kept in a job, feeding the economy, buying things that break down or are obsolete within a few years.
This is an important issue. Not just because it's yet another factor keeping you a "slave to the system", but because it is going to affect you in a much more significant way very soon.
The next decade is set to see a revolution in medicine similar to that of the computer revolution of the 1990s. Treatments will be available that could regrow organs, limbs, or skin. Functions of the human body will be restored and improved, such as sight, hearing, and brain power. Robotics and cybernetics may change the playing field of what it means to be human.
Now imagine what this will mean if we continue to live in a money driven society.
Your body fixes and upgrades will all come with the same cost that the ipod of today does. They will break down. They will become obsolete. They will keep you in debt to the system, and this time, it won't be because of your consumer desires, it will be because of necessity. If your robot liver stops working, you won't be able to just "stop using it until you get some cash", like you would with your ipod.
This alone is an issue worthy of some discussion. But my point of this article is to emphasise the problem of lastability. There is no reason why I can't have an MP3 player that will never break. The technology is now at such a level that a perfectly decent one can be made extremely simply, with robust parts. But this will put Apple out of business in a few years time. They rely on repeated sales so a very slow and subtle self destruct mechanism is built in.
Obsolescence is a different issue and of course we want to see continued improvement, but many things have reached levels where they no longer need to be improved. I've had my laptop for 4 years and I'm going to keep it until it blows up - it does everything I need it to and there is simply no need to constantly upgrade it. If people want to continue to buy the latest and greatest, they can, but those who chose not to spend their money, can also acquire most of the same benefits.
It is this concept that can massively increase the quality of life in the third world. $10 laptops for India, while it was exaggerated this time, aren't far away.
If the problem of lastability is addressed, this would have profound implications for us all. Our outgoings would slowly decrease over time. Eventually, many of us would need to work less and less, because we would have everything we would need. Even consumables (such as clothes and razor blades) would last longer.
Imagine if you got all your energy for free from renewable sources, your land was paid off, and you no longer had to buy the best new MP3 player, because you had all the gadgets you needed. How many hours a week would you need to work just to buy food and clothing? Not a lot.
And that's what the rich elite are afraid of.