this post was submitted on 12 Nov 2024
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Late Stage Capitalism

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[–] [email protected] 8 points 6 days ago* (last edited 5 days ago) (1 children)

It’s true that Reagan’s Trickle-Down was a revival of Harding’s Horse & Sparrow, but that doesn’t affect my point.

We’ve proven it doesn’t work. The correct solution is to redistribute and try a different method to check capitalism.

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

Oh for sure. I wasn't advocating for it!

But it does change the point in your messaging. To call it "an experiment" gives it a quality of transience, whereas establishing the actual history of the methodology allows people to understand the scope and magnitude of how long and deeply the masses have been bamboozled.

[–] [email protected] 5 points 6 days ago

That’s fair.

Regardless, Trump’s solution of bringing back Reagan’s first economic plan, Voodoo Economics, will drive inequality even faster than Trickle-Down.