this post was submitted on 29 Jun 2025
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Late Stage Capitalism

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[–] agamemnonymous@sh.itjust.works 13 points 2 days ago (2 children)

This is just patently false. I mean,

The problem they've discovered after 50 years of this system is that there just isn't enough money in the universe to send to the top and allow enough of it to flow down to the bottom.

That couldn't be less true. No one "discovered" anything. Economists knew this was true 50 years ago. They knew when trickle-down was being developed. It's actually really obvious, especially if you have any relevant data whatsoever. The ones with scruples pointed it out many times, the ones without hopped on the gravy train.

[–] pelicans_plight@lemmy.world 2 points 21 hours ago

I agree with you, but they knew this more then 50 years ago.

Horse and Sparrow Economics

[–] ininewcrow@lemmy.ca 8 points 2 days ago

They have to pour a steady stream of gold coins to the top of a billionaires penthouse to try to fill it enough so that a few coins can fall out and land on the street below

/s /sarcasm /imbeingsarcastic