Economics, Probably Wrong

Here's a thought. With the decline of manufacturing over here, seventy percent of our economy is based in some way on consumer spending. Now, that's a terrifying number but it's a number nonetheless, and we have to live with it for the immediate moment.

So, what happens when you increase purchasing power for a vast section of the consumer base, which is to say provide them with more money to buy things with... which is to say, increase the minimum wage?

Economics as I understand it functions on the same principle of interconnectivity that drives a lot of the modern world--the more people that exist in the system, the better it functions, because you have more backups and a larger flow of money in the system, allowing for larger purchases, which allows for more/better manufacturing, which continues the cycle.

So what happens when you concentrate the vast majority of the money into the hands of a very few actors in that system?

Addiction?

I've been thinking over the past... months? Year? Some large frame of time, that I may be addicted either to the Internet or to computers. Both of which sound like stupid things to be addicted to, to me, but based on my understanding of how addiction works, it might be feasible.