Capitalism condemns the poor’s present-orientation while itself running on debt-financed gratification

Evidence

For this reason, time gets used in political rhetoric in confusing ways. Failure to defer gratifications is often used by conservative critics, for example, to explain the persistence of impoverishment in an affluent society, even though that society systematically promotes the debt-financing of present gratifications as one of its principal engines of economic growth. — David Harvey, The Condition of Postmodernity, 1269

Categorization

• XREF: Echoes the contradiction in Moral Capital/religious capitalism critiques; also parallels Weber’s Protestant ethic thesis inverted. — connects to: Capitalism requires perpetually unsatiated desire to maintain civilizational growth — David Theo Goldberg, John Solomos, A Companion to Racial and Ethnic Studies, 3420; The economy structurally requires debt that it then moralises as individual failing. — Mark Fisher (edited by Darren Ambrose), K-Punk: The Collected and Unpublished…, 1669

Broader Connections

• Capitalism requires perpetually unsatiated desire to maintain civilizational growth #corroborates (0.90) — David Theo Goldberg, John Solomos, A Companion to Racial and Ethnic Studies, 3420