this post was submitted on 12 Aug 2024
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Degrowth

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[–] [email protected] 1 points 1 month ago (4 children)

OF COURSE trickle down works! I just don't understand what's going on in people's minds that they believe the rich people (i.e. all the water) were at the top of the image.

There are lots of reasons why money trickles down from the poor to the rich. Expecting money to trickle from the rich to the poor is like pouring water into an ocean and expecting the mountains to get wet.

[–] [email protected] 3 points 1 month ago (3 children)

...I'm not quite sure what you're trying to express here. You say it works, and then you immediately refute it?

[–] [email protected] 6 points 1 month ago (2 children)

I think they are saying that the model is flawed on a more basic level, since workers are the source of all value, and thus workers are the wine bottle. Of course trickle down economics is accurate if you view it as value trickling (or rather being siphoned) from the poor to the rich. Essentially refuting the ideology that views jobs as a resource that is provided for society by the rich, when the reality is that jobs under capitalism are workers creating value and the rich siphoning more than their fair share from the workers' output and returning a pitance.

[–] [email protected] 3 points 1 month ago

Oh, that makes sense. Thanks.

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