How Is Business Extractive

In this video, Liz talks about how modern business is extractive because by creating needs for consumers instead of working to solve existing needs, businesses and technology progress with the sole intent of creating more wants and needs for consumers.

Discussion Questions

1. What are some examples you can come up with on a certain business/industry that creates a new need in the minds of consumers?
2. Can you think of any industries that might crumble if consumers were educated on how to fix their own products?
3. What sort of businesses might not be extractive in nature, according to Liz, where they exist to help fill a need instead of creating a need?