Late Stage Capitalism

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A place for for news, discussion, memes, and links criticizing capitalism and advancing viewpoints that challenge liberal capitalist ideology. That means any support for any liberal capitalist political party (like the Democrats) is strictly prohibited.

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founded 2 months ago

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anticolonialist

K1nsey6

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They pull the strings (lemmy.world)

submitted 3 days ago by K1nsey6 to c/latestagecapitalism

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[–] [email protected] 10 points 3 days ago* (last edited 3 days ago) (1 children)

False.

Trickle down was a REBRAND. It used to be called "Horse and Sparrow economics."

The literal idea being that horses get to eat whole grains, and sparrows peck their meals from horseshit.

[–] disguy_ovahea 8 points 3 days ago* (last edited 3 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 3 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.

[–] disguy_ovahea 5 points 3 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.