this post was submitted on 15 Apr 2024
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Political Memes

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Art obviously by HappyRoadKill, beware the rampant NSFW furry art though

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[–] [email protected] 10 points 8 months ago (3 children)

There's an expression in Japan (I think): "A rising tide lifts all boats." The rich could get EVEN RICHER if they helped people out of poverty, who would then likely buy more of whatever it is the rich sell to get rich. But that's long term thinking...

[–] marcos 9 points 8 months ago

A rising tide lifts all boats

This one originates from the United States, popularized by Kennedy.

[–] [email protected] 5 points 8 months ago

That's also an English expression

[–] [email protected] 1 points 8 months ago

The problem with that sense of Trickle Down Economics is that these better Capitalists that pay more cannot do so when in competition. Similarly, raising minimum wage, while massively helpful for humanity, lowers the rate of exploitation and thus lowers the rate of profits for business owners.

This is the key of why Capitalists cannot be convinced to do better, it will always hurt them.