Yeah it doesn't make any sense unless the bosses are super liberal -- except super liberals aren't typically capitalists. It's a self defeating methodology.
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Yeah it doesn't make any sense unless the bosses are super liberal -- except super liberals aren't typically capitalists. It's a self defeating methodology.
Warren Buffett and Bill Gates would disagree.
It works to a certain point. Small business owners, first generation large business owners, wealthy that for whatever naive reason signed up for combat in their youth, people that believe in social contracts, etc.
But third and forth generation ultra wealthy? Usually not. They have no perspective. No empathy for common people. They see them as alien and want to know why they keep taking their money, something that has always been there.
Bill Gates helped create an industry so I'll give that to him. Buffet? The guy was always a money man. No disrespect because he's the greatest at that but most of his money was used to make himself and other millionaires more money.
Also, how could it work when wealthy is viewed in percents? How is someone worth a 100 million suppose to eat enough for it to trickle down? How are they suppose to buy enough cars? fridges? Clothes? batteries? Condoms? Candy? shoes? dvds? games? etc?
Assuming a high but typical standard of living, where someone buys the best tvs, and shoes, etc, there is still probably a maximum level of money that will be spent, and it is probably less than 1/100 of a 100 million.
Trickle down doesn't work because there is a saturation level. There is just so much a person needs to live. After that you start to get into hobbies and luxury goods.
Money does not go to where there is need. Everything goes where there is a money.
I think they are suppose to invest in business, which creates jobs.
In other news: This Didn't Go The Way She Planned
Or did it?
That sucks.
It's like the hitch hiking robot that got destroyed in Philly.
Is it fucked up I feel more regret for the robot?