zlacker

> You forget that there is value in having moneyed consumers. You can sell them more things that cost more money than you could poor consumers.

With increased financializarion and abstraction of tradable assets - the capital class no longer has to worry about "goods" or "customers" (in as much as they may be indicators of bad stocks with a dim future). Services are the future: as far as they are concerned, the amount of profits available in housing or healthcare may be infinite, of you need the chart to go up, increase the price of the cancer drugs in your portfolio.

>>sangno+(OP)
Most countries have national healthcare systems which have pricing power over "cancer drugs". When those are expensive it's they're because genuinely very expensive to make, and increasingly they're personalized because every cancer is different.